Special Situations

Our special situations strategy focuses on events in single-name corporates in Europe.

Events are defined as a hard corporate catalyst within the next 12 months.

The team is searching for pricing inefficiencies in under-researched and uncrowded situations in the European corporate credit market.

The goal is to create a concentrated, low beta portfolio of mispriced corporate situations (long or short).

The team employs a fundamental value-based approach to security selection combined with a top-down approach to portfolio construction to optimise risk-return across the credit cycle.

The team’s experience means that they aim to get actively involved in catalysts and the driving of value creation.

Our special situations strategy focuses on events in single-name corporates in Europe.

Events are defined as a hard corporate catalyst within the next 12 months.

The team is searching for pricing inefficiencies in under-researched and uncrowded situations in the European corporate credit market.

The goal is to create a concentrated, low beta portfolio of mispriced corporate situations (long or short).

The team employs a fundamental value-based approach to security selection combined with a top-down approach to portfolio construction to optimise risk-return across the credit cycle.

The team’s experience means that they aim to get actively involved in catalysts and the driving of value creation.

The team’s experience means that they aim to get actively involved in catalysts and the driving of value creation.

The team

Neil Servis

Founder & Chief Executive Officer

Serj Walia

Chief Investment Officer

Matt Hartnett

Head of Special Situations

Neil founded Serone and continues to actively lead the business day-to-day in his role as Chief Executive Officer.

Prior to Serone, Neil held various senior positions within the investment banking industry, heading both structured credit and CLO groups, leveraging his experience in sourcing, structuring, trading and syndication of transactions.  With over 30 years in the industry, Neil has an extensive global network across all areas of our markets, which we still draw upon today.

Serj is a founding partner and Chief Investment Officer.

Prior to Serone, Serj built up a decade of buy-side experience at KBC Financial Products (KBCFP) in London. As Senior Portfolio Manager he was responsible for a multi-billion dollar CLO/CDO/ABS investments and trading portfolio, one of the largest in Europe. Prior to KBCFP, Serj held senior positions in structured finance and credit derivatives at Standard & Poor’s and Credit Suisse Financial Products.

Matt is Head of Special Situations and Portfolio Manager of our European Special Situations Fund.

Prior to Serone, Matt founded Atlantic Capital Management which was later acquired by EPIC Investment Partners where he was Portfolio Manager.  Matt previously held roles at Brigade Capital Management, Anchorage Capital Group, GSC Partners, Bank of Ireland and Michel Dyens & Co.