The Tribeca Vanda Asia Credit Fund was established as a partnership between Tribeca Investment Partners and Vanda Securities to create a unique approach to investing in Asian credit, leveraging the respective strengths of each organization.
The Fund seeks to generate attractive risk adjusted absolute returns, targeting 8-10% per annum through investing in corporate credit instruments either traded in Asia or with fundamental Asian business exposure, such as bonds, loans, convertibles and perpetual securities.
| Asset class | Long/Short Credit |
|---|---|
| Minimum investment | US$1,000,000 |
| Investment Manager | Tribeca Investment Partners (Singapore) Pte Ltd. |
| Subscriptions | Monthly |
| Redemptions | Quarterly subject to 25% investor level gate |
| Performance Fee | 15% subject to high water mark |
| Management Fee | 1.0% |
| Structure | Cayman Master Feeder |