Centaurus Capital Ltd’s chairman and CEO, Bernard Oppetit, said he is buying loans and bonds being sold off by banks and rival funds.
“We are seeing some credit and bonds trading at stupid prices,” Oppetit, the $4 billion London-based hedge fund’s founder said in an interview on March, 28. “There are a lot of people forced to liquidate their positions. There’s been a real crash. It’s the worst I’ ve seen as far as I can remember.”
Although Oppetit confirmed that he is not buying mortgage – backed debt, he did not want to be more specific about Centaurus Capital’s investments. He said however, that he is finding more value in senior secured loans than bonds.
Loans and bonds are trading at very low prices, due to lack of liquidity in the market. But given the market crash, how easy is it to tell which one is a bargain or a rip-off?
About Centaurus Capital
Centaurus Capital Ltd is one of the most renowned private equity firms in the world. With offices in the United States, UK and Switzerland, Centaurus has decades of experience investing in markets across a range of sectors.
Their portfolio contains companies from diverse geographic regions and industries, offering access to a wide range of investment opportunities. The team is made up of professionals with specialized expertise and proven track records in all areas relevant to their investments.
They have established a solid history of delivering exceptional returns for their clients, with an impressive track record that includes successful exits and effective management teams. With close partnerships and local knowledge, Centaurus successfully navigates the complexities of international investment whilst adhering to its core values of integrity and excellence.
- I am a financial services writer with experience in forex trading and stock market analysis.
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