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Tribeca Asia Credit Fund Secures ‘Best Absolute Returns Manager’ Award

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Tribeca Asia Credit Fund has been named the ‘Best Absolute Returns Manager’ for the AsianInvestor Asset Management Awards 2024

 

Tribeca is excited to announce that the Tribeca Asia Credit Fund has been honoured with the esteemed ‘Best Absolute Returns Manager’ Award in the AsianInvestor Asset Management Awards 2024. This recognition underscores Tribeca’s commitment to excellence and the Fund’s exceptional performance in Asia Pacific.

 

The AsianInvestor Asset Management Awards have been recognising the investment industry’s outstanding performers since 2004. AsianInvestor is the leading publication dedicated to the region’s investment industry, with a particular focus on asset owners. It covers topics as diverse as institutional investment trends, asset owner interviews, alternative investments, risk management, regulation as well as investment manager trends across the region.

 

The Best Absolute Returns Manager Award specifically acknowledges Tribeca’s achievements in delivering consistent and superior absolute returns to investors, even in challenging market conditions.

 

“We are very honoured to receive the Best Absolute Returns Manager Award from AsianInvestor,” said John Stover, Portfolio Manager. “This recognition is a testament to the hard work, dedication, and expertise of our team, as well as our unwavering commitment to delivering value to our investors.”

 

Tribeca attributes its success to its rigorous investment approach, which combines in-depth research, risk management strategies, and a focus on identifying opportunities across diverse markets in the Asia-Pacific region. This approach has enabled Tribeca to navigate market volatility effectively and generate strong risk-adjusted returns for its investors.

 

“We would like to express our gratitude to our investors for their trust and support, as well as to the entire Tribeca team for their dedication and professionalism,” added Stover. “We remain steadfast in our commitment to delivering excellence and value to our investors.”

 

As Tribeca continues to uphold its commitment for excellence in the industry, this prestigious award further solidifies its position as a leading player in Asia Pacific.

 

Learn more below:

 


 

About Tribeca Asia Credit Fund

The Tribeca Asia Credit Fund was established to create a unique approach to investing in Asia Pacific credit. The Strategy seeks to generate attractive risk-adjusted absolute returns, targeting 8-12% per annum through investing in liquid corporate credit instruments either traded in Asia or with fundamental Asian business exposure, such as bonds, loans, convertibles and perpetual securities. The Strategy invests in both investment grade and high yield bonds, looking mainly at credits yielding 5-15% to maturity. Short positions in both single securities and indices can be used to hedge out fundamental and macro-related risks. The Strategy may employ a modest amount of leverage within specified limits to enhance returns, particularly when presented with fundamental and/or tactical opportunities.

 

 

About John Stover, Portfolio Manager

John is the Portfolio Manager for the Tribeca Asia Credit Strategy, which pursues an actively managed long short approach to investing in the Asia Pacific credit market. John leverages his extensive experience and deep knowledge of corporates across the Asia Pacific region gained over 12 years working at Farallon Capital Management, a global multi-strategy hedge fund firm, where he invested capital across a range of core strategies including liquid credit, direct lending, equity long/short and direct equity. While at Farallon, John served on the Executive Committee, Resources & Reserves Governance Committee and Audit Committee of PT Agincourt Resources, which owns the Martabe mine, one of the largest gold mines in Indonesia. John holds a Bachelor of Arts degree from Princeton University, where he graduated with Honors. John is the leading scorer in Princeton University water polo history and played one season professionally in the Australian National Water Polo League.