Caution is key for Lionhart when it comes to credit, says Greg Froese. Indeed, as a house specialising in global multi-strategy arbitrage, there is no need for the fund to return to the debt world any time soon. "We are sitting tight for now as it will be clear when opportunities return. We are likely to be active in credit - albeit gingerly - within six to 12 months, but we don't expect conditions to stabilise at the beginning of the year."
While Lionhart has a focus on commodities and long-only