Event and equity lead ASGI Corbin Multi-Strategy’s RIC

by

Analysis of the ASGI Corbin Multi-Strategy SEC Registered Investment Company filing for the period ended 31 December 2011 shows a broadly diversified portfolio with more than 60% of its holdings in event-driven/distressed and long/short equities. Overall, it is one of the smaller RICs, with assets of around $14 million.

Within the 32.76% event-driven category, the largest position is Drawbridge Special Opportunities, the big fund run by Fortress Investment Group, headed up by Peter Briger and Wesley Edens.

Other holdings in this category include Anchorage Capital Partners, Jet Capital Concentrated, Garrison Special Opportunities and Silver Lake Credit Fund.

In