Forester Capital, an alternative investment platform, is to make a strategic investment into the flagship fund of Chepstow Lane Capital LLP, a European-focused, opportunistic credit manager. The fund is managed by Agata Dornan, who was most recently a portfolio manager at Soros Fund Management.
Dornan will employ a fundamental approach to investing in performing, stressed, and special situations across corporate and financial credit.
Dornan has over 20 years of experience investing in credit, both as an analyst and portfolio manager. Her deep experience investing across European credit allows her to identify and take advantage of mispriced opportunities across a broad universe of idiosyncratic event-driven ideas.
Prior to founding Chepstow Lane, Dornan spent eight years as an analyst and portfolio manager at Soros Fund Management where she helped build out the European credit business. In addition to Soros, she was a distressed credit analyst at both BlueMountain and Camulos.
Since 2000, Forester has been sourcing and investing in experienced investors early in the life cycle of their businesses. In 2017, Forester began making strategic investments in early stage managers. These strategic partnerships provide investors access to seasoned investment talent with the backing of an institutional platform at attractive economics. Through this program, Forester provides initial seed or acceleration capital as well as operational support and strategic guidance. Including this investment in Chepstow Lane, Forester will have invested approximately $775 million across 15 strategic managers.
Exclusive - Alma Capital, Tidan launch $100m volatility arbitrage UCITS fund
Tidan Capital has launched its NOVA volatility arbitrage strategy as a UCITS fund on Alma Capital's platform, with more than $100m in…
More
Hedge fund-style total return swaps raise new risks for sovereign bondholders
Governments including Senegal, Angola and Nigeria are increasingly using total return swaps (TRS) to raise funding from banks, but the…
More
Jain Global adds two senior equity PMs in London
Jain Global has strengthened its London equities operation with the appointment of two senior portfolio managers, continuing to build out…
More