Chenavari Toro Income Fund Limited

Name
Chenavari Toro Income Fund Limited
Manager
Chenavari Credit Partners LLP
Type
Closed Ended Investment Company
ISIN
GG00BWBSDM98
Sector
Debt - Structured Finance
Launched
08/05/2015
OCF
1.39 %
3 Year Sharpe
1.21
Yield
7.9 %
Fund Size
£ 246.49 million
NAV
1
Gearing
85
Discount Premium
-22
The investment objective of the Company is to deliver an absolute return from investing and trading in Asset Backed Securities and other structured credit investments in liquid markets and investing directly or indirectly in asset backed transactions including, without limitation, through the origination of credit portfolios.
Holding %
Equity 34.19 %
Arbitrage Clo 19.46 %
Preferred Equity 14.74 %
Non-Performing Loan 7.15 %
Residential Mortgage-Backed Security 6.20 %
Balance Sheet Clo 3.14 %
Consumer Abs 1.91 %
Commercial Mortgage-Backed Security 1.36 %
Senior Loan 1.10 %
Arbitrage Cdo 0.76 %
Name
Chenavari Credit Partners LLP
Address
GY4 6RT, St. Martin, Guernsey
Legal Structure
Closed Ended Investment Company

Managers

Benoit Pellegrini
Joined 05/07/2015

Benoit Pellegrini Senior Portfolio Manager, European ABS Prior to joining Chenavari Investment Managers to manage European asset-backed strategies (Toro), Benoît worked at Natixis in several positions. As a high frequency flow ABS/CDO Trader for the last six years, he was in charge of managing a multi billion Euros portfolios which implied analysing, modelling, pricing and monitoring a wide range of European structured credit products. He received a Magistere of Sciences in International Economics & Finance (BA) and a post graduate degree in Corporate Finance from the University of Bordeaux IV as well as a graduate degree specialised in Econometrics from Tilburg University (NL).

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