COMPANY DESCRIPTION
DA Capital is a NYC based global investment manager specialising in structured credit and special situational investing. Its portfolio includes a series of internal hedge funds and the Jay Street market value transaction that invests in a portfolio of leveraged loans.
TRANSACTION DESCRIPTION
Sourced, structured and placed a first loss equity tranche for Jay Street to facilitate the drawdown of a pre-crisis revolving credit facility issued in 2006. The capital was invested in a diversified portfolio of leveraged loans to generate superior risk adjusted returns through an attractive funding arbitrage.