CHANNEL TRADE FINANCE & RECEIVABLES FINANCING
Launched in 2014 with the mandate to originate and structure debt financings of short-dated, self liquidating trade finance credit pools. Key partners include corporate receivables sellers, commercial banks, development banks and corporate trading entities. Specific asset types include:
1. Trade receivables transactions,
2. Loans and L/Cs for export/import credits,
3. Pre-export trade finance credits, and
4. Other trade finance transactions.
CL CHANNEL L.P.
The CL Channel L.P. fund strategy invests in credit transactions linked to the below asset classes:
1. Global trade finance,
2. Trade receivables,
3. SMEs & large corporate obligors, and
4. Counterparty credit risk exposures.
CHANNEL CAPITAL PLC (“CC Plc”)
Launched in 2007 with the mandate to write conservative credit portfolio transactions on global corporate obligors. Channel managed over $10 billion of transactions across a well diversified portfolio of nearly 600 obligors. The CC Plc business was transferred to BlueMountain Capital Management in July 2013. CC Plc consistently produced strong investor returns.
|CC Plc Investor Returns|
1 Returns defined as the economic profits (audited profits less unrealised MTM) divided by the CC Plc Junior Notes which receive excess spread payments.