We provide institutional and private investors with a range of products focused on credit and debt investments in distressed markets. Our ability to identify fundamentally strong companies whose distressed debt prices do not reflect its intrinsic value and determine entry and exit targets are the cornerstones of producing consistent alpha over time. Add to that our ability to use various investing strategies to enhance returns and our access to Armory Group’s leading turnaround advisors and special situations bankers – and our investment team is armed with a comprehensive toolkit to drive investment opportunities that strive to generate superior returns through all market cycles.
Credit Opportunity Fund
Armory’s credit opportunity fund is an opportunistic credit strategy that is focused on the debt of US middle market companies and includes investments in leveraged loans, discounted high yield bonds and distressed investments. Our opportunistic approach and middle market focus allow us the flexibility to invest across the capital structure with the objective to generate the most attractive risk-adjusted returns throughout the credit cycle. With an emphasis on downside protection driven by strong asset coverage and/or stable cash flows, we target market-leading companies with defensible business models and seek to purchase debt at levels that “recreate” the company at a discount to enterprise value. Our investment professionals conduct a thorough risk/reward analysis of every investment we make and leverage the deep industry knowledge and expertise across the Armory Group platform to capitalize on investment opportunities.
Loan Opportunity Fund
Armory’s loan opportunity fund is an opportunistic strategy that is focused on investing in the leveraged loans of US middle market companies. Our investment professionals target market-leading companies, across a range of industries, with defensible business models and small issue size, broadly syndicated loans that we believe capture favorable spreads and strong collateral packages.
In support of Armory’s fundamental bottom-up credit analysis, we conduct a thorough risk/reward analysis of every investment we make and leverage the deep industry knowledge and expertise across the Armory Group platform to capitalize on opportunities that are capable of generating superior returns.
Distressed Opportunity Fund
Armory’s distressed opportunity fund is focused on investing in the debt of financially and operationally underperforming companies in the middle market that, through an active diligence process, we anticipate will emerge as a profitable company through a successful restructuring. We leverage the collective expertise and deep market knowledge of our highly experienced professionals across the Armory Group platform, including our restructuring bankers and turnaround advisors, to source and execute investment opportunities that strive to mitigate risk and maximize returns. Our investment approach includes conducting a thorough risk/reward analysis of every investment we make and, and when needed, taking a proactive approach in advising companies through the restructuring process to capitalize on the opportunistic gains in investing in a company’s undervalued securities. Combining decades of investing experience, thorough market intelligence, and our spectrum of comprehensive resources across the Armory Group platform enables our investment professionals to deliver portfolio solutions that target favorable returns in the debt of middle market companies.