AB CarVal manages investments in obligations of leveraged or financially troubled corporations by targeting mispriced or undervalued bonds, bank and corporate debt, trade claims, credit default swaps and debt and equity securities. The Corporate Securities business targets event-driven strategies with the objective of earning superior risk-adjusted returns while at the same time preserving capital through its value investment approach.
Its thorough in-house due diligence processes are complemented and enhanced by a long-standing and extensive network of global contacts. The Corporate Securities team represents five nationalities in five offices worldwide.
Through this international team, AB CarVal has managed investments of over $80 billion in approximately 2,310 separate investments in 81 jurisdictions during the past 26 years.