Fund launches & closures

NAB-backed Wiltshire launches credit fund with PCE Investors

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John Sullivan, formerly a co-founder of highly-rated credit specialists Cognis Capital, has gone live with a new venture, Wiltshire Credit Opportunities, on the PCE Investors hedge fund management platform.

Wiltshire Capital, a joint venture with PCE Investors, is backed by nabInvest, National Australia Bank’s direct asset management business. NabInvest will be a cornerstone investor in the fund and strategic partner in the management firm Wiltshire Capital.

Wiltshire will invest across European corporate debt markets, using intensive bottom-up research to identify event-driven opportunities among mispriced, stressed and distressed sub-investment grade debt.

Previously Sullivan was a founding partner of Cognis, which launched