Hedge Funds

Blue Skye opens up new vista for investors


Though it had to extricate itself from the implosion of DB Zwirn & Co, Blue Skye remained profitable throughout the crisis and managed to retain the confidence of its investors

Blue Skye Special Opportunities, based on a niche European strategy focusing on corporate restructurings and special situations, has been running quietly since 2005 and span out as a totally standalone entity in December 2008.

Salvatore Cerchione and Gianluca D’Avanzo

It boasts impressive annualised returns of 13.8% a year, has never yet posted a down year of performance, and already runs over €200 million in assets. To date, it has also completed investments over €570 million – and yet the fund is only now appearing on the radar screens of many