Millstreet Capital Management employs a fundamental investment philosophy with a focus on the over-looked mid-market segment of the high yield market.
These mid-market companies are well-established entities with quality assets and impressive growth profiles, yet often fall under the radar of many investors and subsequently trade at significant discounts to their underlying values. In addition to value, Millstreet looks to invest in companies characterized by improving fundamentals, low leverage, high free cash flow yields, and near-term catalysts.
To maximize and protect investor capital, Millstreet augments this approach by implementing capital structure arbitrage trades when appropriate as well as portfolio protection strategies. Millstreet is managed by a cohesive team with decades of portfolio management, research, and trading expertise in the high yield market.
Strategies Offered: High yield credit
