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15 for 2016: The credit launches tipped for the top (excerpt)

Alt Credit Intelligence rounds up the new launches experts are excited about

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Alva Capital

Alex Vaskevitch

April 2015, London

Set up by ex-Serone Capital partner Vaskevitch, this start-up aims to differentiate itself by focusing on companies affected by industry disruption in the digital era, with credit the optimal asset class to take advantage, according to the firm’s website.

Vaskevitch is joined by high-yield specialist Andre Klotz, previously at Partners Group. Alva launched its first fund, Alva Disruptive Credit Opportunities, in October with backing from partners and a venture capital firm, according to a person familiar with the situation. The fund has $500m capacity, which the firm is hoping to reach within the next 12-18 months, ACI understands. Prior to joining Serone Capital, Vaskevitch spent time at BCM & Partners and LNG Capital, cutting his teeth making distressed debt investments at BNP Paribas and a creating ABN AMRO’s high-yield platform.

Alva Capital

Alva Capital

Alexander started his career in distressed debt at BNP Paribas and then assisted in creating ABN AMRO’s high yield platform before moving to hedge fund LNG Capital in 2008, where his high-yield bond fund outperformed the market by 15%. A year later, he joined $1bn hedge fund manager BCM, where he was responsible for high yield investments and contributed to the firm’s overall fixed income strategy. Following that, he moved to Serone Capital Management where he was a Partner and responsible for running the “Zenith High-Yield Fund”.