Perry Capital likes Credit

Here is the most recent Perry Capital letter.

I know a number of people from Perry's credit desk and have spoken with the head of the team in the past. Fantastic group of people. Credit + credit derivatives now ~40% of the fund. The fund looks to be performing well. And I agree, Ford Motor Credit, at about October 2008 of last year, was one of the fattest pitches I have seen in a while.

Enjoy the letter!



hunter [at] distressed-debt-investing [dot] com

About Me

I have spent the majority of my career as a value investor. For the past 8 years, I have worked on the buy side as a distressed debt and high yield investor.