Carador Income Fund Repurchase Pool Shares

Name
Carador Income Fund Repurchase Pool Shares
Manager
Blackstone Group Inc
Type
Closed Ended Investment Company
ISIN
IE00BK4Q0P88
Sector
Debt - Structured Finance
Launched
22/11/2017
Yield
0 %
Benchmark
Not Benchmarked
Fund Size
£ 4.8 million
NAV
1
Gearing
80
Discount Premium
39
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.
Name
Blackstone Group Inc
Address
10154, New York, United States
UCITS
No
Legal Structure
Closed Ended Investment Company

Managers

J. Richard Blewitt
Joined 11/22/2017

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 11/22/2017
Marisa Virseda
Joined 11/22/2017
Adam Hockley
Joined 11/22/2017

Data provided by Morningstar.

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Money Observer and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Morningstar. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.