Assisted Search: US High Yield – Deadline 11th July
Deadline: Tuesday 11th July 2023
A US Foundation is using CAMRADATA to run an Assisted Search to look for US High Yield strategies for its Foundation and Endowment clients to allocate to accordingly.
All funds being proposed must be listed in CAMRADATA Live and returns must be up to date i.e. to 31st May 2023. Please post any questions regarding this search to the CAMRADATA Live ‘Assisted Searches Forum’ and we will endeavour to answer these as quickly as possible.
Assisted searches are run on behalf of institutional investors with specific search requirements. These are as follows:
| Asset Class | High Yield |
| Geographical Focus | US |
| Benchmark | Benchmark agnostic although they currently use Bloomberg |
| Currency | USD |
| Size of Potential Mandate | $30-50 million |
| Other requirements | 10 year track record (if it is a new firm but if the team or PM has a 10-year record elsewhere that will suffice); at least 80% in US; the advisor likes firms with employee ownership structure and employees investing alongside. |
Please submit relevant vehicle(s) to assistedsearches@camradata.com |