NEWFOUNDLAND CREDIT OPPORTUNITIES
The NEWFOUNDLAND CREDIT OPPORTUNITIES captures credit opportunities using all of our expertise in the Latin American region. Its main objective is to generate attractive absolute risk-adjusted returns.
The fund seeks opportunities which are not efficiently explored by local banks and which are not perceived by global banks due to the relatively small operation size. Guided by Daniel Simon, an expert in special situations, the due diligence process is intense with application of all the necessary safeguards. The capital commitment is usually between US$ 10 million and US$ 50 million. The average term of these investments is around three to five years, seeking returns of 15% to 25%. The fund looks for companies that have comparative advantages, good market share and sustainable cash flow.