CONFERENCE SPONSORS
Phoenix Investment Adviser, LLC
Phoenix Investment Adviser, LLC manages a number of hedge fund products focused primarily on mid cap and / or "out of favor" US high yield corporate bonds which generate high current income and have attractive risk-adjusted returns. Jeff Peskind founded Phoenix in May 2003 and the firm now manages $750 million in assets. Jeff has 27 years of experience in the US high yield and distressed debt markets having worked previously at Harvard Management, Morgan Stanley and Bank of America. Phoenix follows a fundamentally based "bottom up" research approach and has compiled a strong record of outperforming relevant benchmarks over its ten year track record. The firm has two main strategies: the Institutional Credit Strategy and the Credit Opportunity Strategy. Institutional Credit strategy is a long/short hedged credit strategy focused on senior secured bonds with significant downside protection. The strategy maintains beta adjusted market exposure of 20-40% and aims to generate alpha through credit selection and trading. Credit Opportunity strategy focuses on stressed high yield bonds with very high current income that are trading at big discounts to their par value. This is a more aggressive, long biased strategy seeking higher returns but will have significant monthly volatility.
