Seahawk Credit Opportunities Fund

The Seahawk Credit Opportunities Fund is a globally oriented absolute return credit fund. The fund focuses on the transportation, energy, and utilities sectors and related industries.

Seahawk’s strategy aims to exploit valuation discrepancies in bonds within the transportation, energy, and utilities sectors and pricing deviations within the capital structure of bond issuers. The fund invests primarily in secured, unsecured, and subordinated bonds and on an opportunistic basis in so-called special situations that only require a transitory capital commitment in the sense of a holding period of less than one year. The fund focuses on the high-yield segment. The investment universe also includes unrated bonds. Due to their niche position, these are overlooked by many investors or cannot be acquired due to investment restrictions.

The use of synthetic instruments significantly reduces duration and spread risks. This results in lower volatility at the fund level compared to a traditional investment in high-yield classes.

Seahawk’s investment process for credits is based on a combined top-down and bottom-up approach. The fund management analyzes various macro, valuation, and sentiment factors, which ultimately lead to an initial assessment of the respective sector weightings. The core of the investment process is the bottom-up analysis, in which an investment in individual bonds is only made after in-depth fundamental and technical analysis.