Radcliffe's investment approach is to find defensive credit strategies we want to invest in ourselves. For us, that requires:

  • Identifying mispriced securities that exist as a result of structural market inefficiencies by:

    • Relying on our own fundamental analysis to fully understand the nuances of each investment.

    • Seeking a diversity of perspectives.

    • Actively sharing ideas.

    • Questioning the consensus view.

    • Considering realistic, even if unlikely scenarios.

  • Constructing attractive and defensive portfolios by:

    • Focusing on target returns driven by alpha.

    • Seeking principal protection even under stressed conditions.

    • Investing only in our best ideas even at the expense of limiting capacity.

    • Continuously optimizing each portfolio by opportunistically re-balancing.