Ironshield Capital
Management LLP
A specialist absolute return investment manager focusing on European credit markets
Founded in 2007 with a long track record in credit investing.
Ironshield Capital
Management LLP
A specialist absolute return investment manager focusing on European credit markets.
Founded in 2007 with a long track record in credit investing.
Our Expertise
01
A range of strategies spanning the liquidity spectrum
02
Investment approach based on bottom up specialist understanding of individual European companies
03
Low correlation to traditional asset classes, delivering equity-like returns whilst limiting drawdowns
04
One of the most experienced
credit investment teams
in Europe, with a 16 year track record
Our Approach
The investment team’s objective is to achieve high absolute returns across the strategies by exploiting periods of market mispricing caused by operational and capital structure changes in credits.
Credit selection and position sizing are based on in-depth fundamental analysis and due-diligence of European corporates that the team typically tracks over a multi-year period, complemented with proprietary analytical techniques.
Our Strategies
Hedge Fund Strategies:
Concentrated liquid portfolios of event driven, stressed and distressed credit, focused on actively traded bonds, loans and other corporate securities with events typically crystalising within 3-6 months. The team uses a probability and scenario driven approach to evaluate opportunities and assess risk.
Drawdown Strategies:
Private credit and illiquid distressed opportunities in European markets.
UCITS strategies:
UCITS wrapper for the main hedge fund strategy leveraging the same investment philosophy.
Specialised long/short credit fund targeting a market neutral all weather approach with low volatility. Utilising a holistic approach to identify mispriced credit securities on fundamentals, technicals, macro and relative value.
Meet our team
David Nazar
Founder & Managing Partner
David is the Chief Investment Officer, as well as being the founder and a Managing Partner. David focuses his time on fundamental research, portfolio direction and broad strategy. David has devoted over two decades of his career to European Stressed and Distressed Corporate Credit investment.
Florian Chapel
Partner, Portfolio Manager
Florian is a Portfolio Manager, specialised in long/short corporate credit high yield and credit derivatives. Florian joined Ironshield in July 2022 and has been managing market neutral portfolios since 2015.
Sunny Chhabra
Partner, Senior Credit Analyst
Sunny is a Partner and Senior Credit Analyst, specialised in distressed and stressed corporate credit. Sunny joined Ironshield in July 2019.
Roger Devlin
Partner, CFO/COO
Roger is a Partner, and oversees the day-to-day business at Ironshield Capital Management. Prior to joining the firm in 2010, Roger was COO at Portland Capital LLP, which he helped launch in 2007. Roger was at Bank of America from 1997 to 2006, where he was Business Manager for European Prime Brokerage, Equities and Equity Derivatives. Roger started his career at the Accountancy Firm Smith & Williamson 1994, is a Chartered Accountant, and has a BCom with Joint Honours in Accountancy and Business Studies from the University of Edinburgh.
Stephen Zika
Senior Credit Analyst
Steven joined Ironshield as Senior Analyst in July 2019, covering distressed and event-driven corporate credit. Prior to Ironshield, Steven worked in leveraged finance and restructuring.
Alex Peake
Business Development
Alex has over 7 years of fixed income markets experience in portfolio management and client-facing roles. Alex holds an MSC in Economic History from the London School of Economics and is a CFA charter holder.
Carla Garcia De Leaniz
Business Development
Carla has over 10 years of experience working in business development for hedge funds, focusing predominately on European clients. Carla holds an MSC in Business Management from Deusto University.
Alex Claudon
Business Development
Alex has over 10 years experience in investor relationship-building roles. Alex holds a MSc in Asset Management from EDHEC Business School and is a CFA charterholder.
Isabelle Mayne
Head of Finance
Isabelle is CIMA qualified accountant with over a decade of experience working in financial services. Isabelle previously managed the Product Control team at GSA Capital, and was a member of the Valuation Committee.
Wayne Li
Operations Manager
Wayne joined Ironshield in 2018. Wayne has more than 15 years experience, previously working across multiple operations functions at Goldman Sachs, Barclays and Finisterre Capital.
Thomas Baratt
Senior Operations Analyst
Tom has over a decade’s worth of investment operations knowledge, predominately at investment banks before joining Ironshield in 2021.
Advisory Services
Ironshield offer a broad range of advisory services for clients. Our bespoke approach leverages our special situations and distressed debt experience.
CONTACT US
For further information please contact advisory@ironshieldcapital.com
Careers
Continuously seeking new opportunities, including acquiring new skills and talent.
Build an extraordinary career working alongside our exceptional team, contact us careers@ironshieldcapital.com.
Careers
We strive to attract candidates that maintain our culture of entrepreneurial thinking, collaboration and dedication.
Continuously seeking new opportunities, including acquiring new skills and talent. We strive to attract candidates that maintain our culture of entrepreneurial thinking, collaboration and ambition.
Build an extraordinary career working alongside our exceptional team, contact us careers@ironshieldcapital.com.
Service providers
Contact Us
ADDRESS
4 Bream’s Buildings, London, EC4A 1HP
Advisory Services
Ironshield offer a broad range of advisory services for clients. Our bespoke approach leverages our special situations and distressed debt experience.
contact
For further information please contact advisory@ironshieldcapital.com
Contact Us
contact
Address
4 Bream’s Buildings, London, EC4A 1HP