E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/2/2015 in the Prospect News High Yield Daily.

Seix launches energy strategy to capitalize on oil price decline

By Toni Weeks

San Luis Obispo, Calif., Feb. 2 – Seix Investment Advisors LLC announced the launch of the Energy Opportunities Strategy (EOS), according to a press release.

With the new strategy, Seix’s Leveraged Finance research team, composed of industry specialists with an average of 17 years of work experience, identifies opportunities in the various subsectors within the energy industry.

“Energy-related high-yield spreads are their widest since the previous peak in 2008,” managing director and head of Leveraged Finance Gorge Goudelias said in the press release.

“The global oil price decline has produced unprecedented opportunities in energy-related credit,” added managing director and senior portfolio manager Mike Kirkpatrick. “We believe the technicals of the market, coupled with Seix’s long track record and experienced team may enable investors to capitalize on these unique market conditions.”

The investment adviser is based in Upper Saddle River, N.J.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.