Launched in 2020, we believe the Radcliffe SPAC strategy is differentiated in terms of performance, process, diversification, scale, and alignment of interests. The strategy seeks attractive absolute returns by benefitting from the unique principal protection offered by the underlying trust value, while using security selection and opportunistic trading to seek to capitalize on significant positively skewed upside.

The strategy includes a diversified portfolio of SPAC securities purchased in the secondary market, combined with units purchased in IPOs. Our analysis focuses on numerous factors including the quality and track record of the sponsors and underwriters, as well as the structure, terms, and conditions of the SPAC. Radcliffe has built a proprietary model that incorporates our analysis of the SPAC universe and continuously screens for trade signals. We seek SPACs with the best balance of yield-to-worst and expected IRR.

All investments are subject to risks including the possible loss of principal. This description contains opinions and expectations regarding the marketplace and the strategy, as well as descriptions of current and potential investment processes.  There is no guarantee that our expectations will be met. Radcliffe may change its investment process without notice at any time.