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.