Carador USD

Name
Carador USD
Manager
Blackstone Group Inc
Type
Closed Ended Investment Company
ISIN
IE00BK4Q0N64
Sector
Debt - Structured Finance
Launched
09/12/2008
OCF
1.82 %
3 Year Sharpe
0.83
Yield
7.4 %
Benchmark
Not Benchmarked
Fund Size
£ 47.17 million
NAV
1
Gearing
50
Discount Premium
-6
To produce attractive and stable returns with low volatility compared to equity markets, by investing in a diversified portfolio of Senior Notes of collateralised loan obligations (CLOs), collateralised by senior secured bank loans and equity and mezzanine tranches of CLOs.
Holding %
Neuberger Berman Clo Xvii Ltd 2013-17x Sub 4.41 %
Pinnacle Park Clo Ltd 2014-1a Sub 4.33 %
Voya Investment Management Clo Ii Ltd (Preference Shares) 3.83 %
Voya Investment Management Clo Ltd 2015-2x Sub 3.60 %
Webster Park Clo Ltd 2015-1x Sub 3.46 %
Flatiron Clo 2014-1 3.40 %
Keuka Park Clo Ltd 2013-1a Sub 3.34 %
Bnpp Ip Clo Ltd 2014-1x D 3.18 %
Neuberger Berman Clo Ltd 2013-14x Sub 2.73 %
Sheridan Square Clo Ltd 2013-1a Sub 2.68 %
Name
Blackstone Group Inc
Address
10154, New York, United States
UCITS
No
Legal Structure
Closed Ended Investment Company

Managers

J. Richard Blewitt
Joined 01/30/2015

Managing Director, is the co-head of the Securitized Asset Investment Team within BlackRock's Fixed Income Portfolio Management Group。 Prior to joining BlackRock in 2009, Mr. Blewitt was a Partner and head of Securitization with R3 Capital Partners. From 2007 to 2008, he was with Lehman Brothers, most recently as a Managing Director and head of Securitization and Insurance Product Investments for the Global Principal Strategies team, focused on derivatives and structured products. From 2001 to 2007, he was a Managing Director and Global Head of Distribution for the Global Structured Products Group and co-head of New York MBS/ABS sales at Bank of America Securities. From 1999 to 2001, Mr. Blewitt was Chief Strategic Officer for Creditex, a credit derivatives exchange platform. He was also Director of the Board for Loanx, an associated secondary loan trading platform. Prior to this, Mr. Blewitt spent seven years with J.P. Morgan as a Vice President in Structured Finance and co-head of the Insurance and Pension Derivatives Group. His early career included positions at PaineWebber and First Fidelity Bank in sales/trading and credit analysis roles. Mr. Blewitt earned a BS degree in finance from Lehigh University in 1985, and an MBA degree in finance/international business from the Stern School of Business at New York University in 1992.

Poh Tan
Joined 07/14/2013
Marisa Virseda
Joined 07/14/2013
Adam Hockley
Joined 07/14/2013

Data provided by Morningstar.

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