Strategic Unwind of Complex Credit Exposures

Client Type: Pension Fund
Sector: Institutional Asset Owner / Structured Credit
Location: Europe

Challenge:
Several pension clients were trapped in distressed repackaged structured credit exposures with embedded leverage, poor transparency, and little flexibility for unwinding.

Solution:

  • Reverse-engineered complex repacks and credit-linked notes
  • Designed bespoke unwind and restructuring pathways using CDS unwind strategies and secondary market optimisation
  • Provided clean, low-risk re-entry frameworks for replacement exposures

Result:

  • Enabled exit from toxic credit positions without fire-sale pricing
  • Preserved capital and governance credibility with pension boards
  • Repositioned into simpler, more liquid credit allocations

Value Delivered:
Turned a legacy crisis into a strategic reset – preserving capital, enhancing clarity, and restoring confidence for long-horizon fiduciary clients.

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