Hedge Fund Awards 2016

http://www.acquisition-intl.com/hedge-fund-awards 42 ~ Best Capital Structure Arbitrage Portfolio Manager - USA & Best Convertible Arbitrage Fund (1 Year): Advent Hedged Convertible Fund Advent Capital Management, LLC (“Advent”) is a privately owned investment manager registered with the Securities and Exchange Commission in the US and authorized and regulated by the Financial Conduct Authority in the UK. Advent spoke with us and shared some insights into their investment approach and their award-winning services. As of October 31, 2015, Advent managed assets of approximately $8.7 billion across a variety of traditional and alternative strategies on behalf of corporations, public and private pension plans, insurance companies, foundations, endowments and high net-worth individuals. Advent’s robust institutional infrastructure enables it to offer products in various formats, including separately managed accounts, private funds, and public vehicles such as UCITS, mutual funds, and closed-end funds. Since the firm’s 1995 inception, its focus on fundamental research has been a core driver of its investment success in both traditional and alternative strategies. Advent’s investment knowledge across the entire capital structure is driven by rigorous analysis and proprietary fundamental, bottom-up credit and equity research. The process helps identify the most attractive securities of companies with stable-to-improving fundamentals that offer upside potential and downside protection. In recent years, the global convertible market has undergone a positive structural transformation, including lower leverage, shorter maturities, and better indenture terms. This transformation has created attractive investment opportunities as the asset class continues to be overlooked by many investors. Advent’s global infrastructure supports a team of highly-talented investment professionals with an average of 25 years of experience across the entire capital structure in both global credit and equity markets. Capital preservation through downside protection is the cornerstone of Advent’s investment philosophy. The firm’s alternative strategies exploit structural and market inefficiencies, providing investors with compelling risk-adjusted returns regardless of market conditions. The Hedged Convertible strategy generates absolute returns by applying a multi-strategy approach that exploits market inefficiencies and the complexities of convertible securities. About the Strategy Hedged Convertible investing is one of Advent’s core competencies and the firm’s disciplined investment approach has delivered compelling risk-adjusted returns over multiple market cycles. Advent deploys a multi-strategy approach which takes advantage of relative value opportunities on a long and short basis to achieve absolute returns. The portfolio is constructed to generate uncorrelated returns by investing in credit and volatility markets with an event bias. The portfolio managers employ a dynamic investment approach to exploiting mispriced idiosyncratic volatility while capitalizing on market dislocations. Active trading and hedging techniques are used to monetize struc- tural inefficiencies in global convertible securities. The strategy leverages the firm’s proprietary fundamental research capabilities to identify opportunities, often misunderstood by the marketplace, that offer attractive corporate valuations. Alpha generation is based on quantitative and fundamental analysis of event driven opportunities. Company: Advent Capital Management LLC Contact name: Michael Kane Email: [email protected] Web address: www.adventcap.com and www.adventucits.com New York Telephone: +1 212 482 1600 Address: 1271 Avenue of the Americas, 45th Floor New York, NY 10020 London Telephone: +44 (0)203 3579990 Address: 4th Floor Devonshire House 1 Mayfair Place London W1J 8A