CREATIVITY | PASSION | EXPIRIENCE

About Us

An alternative investment manager specialising in global emerging markets credit

Blackbeard is an alternative investment manager with a value-oriented contrarian investment style, specialising in global emerging markets credit. We design and manage strategies intended to provide equity-like positive returns with credit-like risk profile.

Blackbeard invests in various asset classes globally but with a strong emphasis on distressed credit and high-yield fixed income securities in the emerging markets.

We invest alongside our clients and take a disciplined and responsible approach to seeking positive outcomes.

Blackbeard is authorised and regulated by the Cyprus Securities and Exchange Commission as an AIFM, license no.: AIFM62/56/2013 dd. 29/04/2024. The AIFM authorization covers the Investment Management Functions in accordance with Section 6(5) of the AIFM Law.

Why Blackbeard?

Experienced Team

  • Seasoned team with combined experience of 120+ years
  • Team members can demonstrate proven track records of delivering attractive returns throughout market cycles
  • Experience in managing distressed credit on behalf of sophisticated investors since 2015

Institutional Infrastructure

  • Simple and transparent umbrella fund structure in Luxembourg, a prime jurisdiction for alternative asset managers
  • Reputable third-party service providers

Investment Philosophy

  • Disciplined risk control to minimise downside exposure
  • Selectivity & consistency
  • Fundamental / intrinsic value focus

Our sole mandate is to design and manage institutional-grade fixed income products specifically for high-net-worth individuals and institutional investors

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Strategies

What We Do

Blackbeard invests in global emerging markets public and private fixed income assets. We invest primarily in rated and non-rated corporate emerging markets credit, which is commonly issued in the form of high-yield notes, leveraged and / or private debt, convertible securities, and structured notes.

We employ a disciplined and responsible investment approach with risk mitigation measures seeking to achieve positive outcomes for sophisticated investors over various economic cycles.

Our Investment Philosophy

Disciplined Risk Management

  • Our goal is not to generate superior returns during strong markets, but to limit downside potential during bear markets
  • Preventing losses is more important than assuming above average risk to seek higher returns

Selectivity & Consistency

  • Highly selective approach during the origination stage through in-depth analysis of companies and their creditworthiness
  • Focus on seeking to achieve a consistent positive track record across a spectrum of economic cycles

Fundamental Value Focus

  • Bottom-up selection process
  • Investments in the credit of fundamentally robust issuers with short / mid-term liquidity issues at a discount to their intrinsic value
  • Longer-term buy-and-hold investment approach to allow repricing pursuant to derisking of the issuer through a turn-around, restructuring or relevant corporate event

Blackbeard’s team has served the needs of sophisticated investors with their investment and asset management expertise for nearly 20 years

Our Funds

Distressed Credit & Special Situations

Distressed Credit & Special Situations

“Blackbeard’s strategies represent our distilled expertise gained through nearly 20 years of successful investing in emerging market credit across various industries and economic cycles.”

Ruslan Patlavsky

Founder, CIO, Managing Director

Leadership

Our Team

Everything at Blackbeard starts and ends with our people. We strive to build a flat structure with open lines of communication and transparency aimed at sustaining a healthy, entrepreneurial, and committed work environment.

We are at the beginning of our journey and our future will inevitably be full of ups and downs. There will be always room for improvement and growth in every aspect of our business. Our dedication to constant improvement for the benefit of our clients will be relentless.

News & Insights

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Contact Us

Blackbeard Asset Management Ltd
224, Arch. Makarios III Avenue,
3rd floor, office 32,
3030 Limassol, Cyprus
+357 25 371380