Close window
Hfi logo

We have rolled our website back to the original layout while we work on all of the suggestions you've provided. Please keep coming back for progress updates and stay in touch by registering your details or send us an email to feedback@hedgefundintelligence.com


CF Partners plays oil market dislocations with new energy-focused event vehicle

By Staff Writer

Fri Feb 26, 2016

Read more:




Elvis Pellumbi

Energy and commodities specialist CF Partners’ newly-launched CFP Opportunity Fund – an event-driven strategy launched in December with a specific focus on energy – has enjoyed a positive start, seizing on the continuing dislocation in the oil market.

The Dublin-domiciled fund is positioned as a market-neutral long/short event driven strategy, with low market exposure. It invests in both credit and equity, at all levels of the capital structure in energy companies, with the portfolio comprising between 30 and 40 positions, primarily pair trades and capital structure arbitrage trades. It has an annual target return of 12-15% net of fees, with 7-8% volatility, and gained around 1% in January when many other event strategies were down or flat.

The fund is run by portfolio manager Elvis Pellumbi, a 17-year industry veteran specialising in long/short event-driven investing across the capital structure in bonds, senior loans and equities.

Pellumbi was previously...

ISSN: 2151-1845 / CDC10004H

Free Trial



Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates



Popular Searches on HFI