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Former Oaktree Capital manager Brad Boyd’s Confido Capital has launched in Los Angeles.
“We continue to see considerable unmet demand for strategies targeting double-digit returns, downside protection and regular access to invested capital,” stated Boyd. “Our approach is centered on the predictability of income combined with years of experience utilizing the full market toolkit to exploit inefficiencies and control risk.”
The new firm will focus on absolute return fixed income and multi-asset strategies, combining qualitative and quantitative elements.
“Over the years, yield-focused products have often been accompanied by excessive risk and overly optimistic assurances of liquidity, or, in other cases, restrictive and lengthy lock-up periods,” said Boyd.
“Our government-oriented foundation and multi-asset approach provide attractive return potential, diversifying characteristics, and ample access to capital when investors need it most.”