Eos Credit Opportunities invests on an opportunistic basis in a
wide variety of credit-oriented assets across several geographic
markets. ECO's investments are primarily comprised of bonds and
bank debt, both performing and non-performing or defaulted, as well
as trade claims, preferred securities and related equities in
various reorganization situations. The fund invests globally with a
focus on North America, the U.K. and other Western European
countries, and a small basket for Latin American and Asian
securities.
ECO's investment strategy is to apply a corporate-finance oriented
approach to credit markets investment analysis and to leverage its
members' extensive investment experience as successful private
equity business owners, board members and creditors across numerous
business cycles. ECO seeks to utilize intensive, private-equity
style due diligence to identify perceived investment opportunities
in four general categories: (i) credits with improving cash flow
characteristics not recognized by the markets; (ii) companies
offering attractive franchise or asset values at meaningful
discounts to private market or orderly liquidation values; (iii)
companies in out-of-favor industries or impacted by "overblown"
events where we perceive a market overreaction to certain
developments; and (iv) on a limited basis, activist opportunities
in which we seek to exercise significant influence over the
bankruptcy process for a particular company. ECO will generally
have a long bias though may implement short positions and use
credit default swaps opportunistically.
Investment Team
Matt Meehan
Brian Dubin
Stephen Kampf
Matthew Ragsdale
David Van Steenkiste
John Keh
Michael Schott
Daniel H. Lerner
Tom Moran
Senior Advisor
Steven M. Friedman
Investor Relations
Nathalie Klein
Finance/Operations
Beth L. Bernstein
Marc Grossman
Frank C. Moy
Jay Appel
Peter J. Park
Date Published: Feb 28, 2011 - 3:27 pm