Since our inception in 2013, Cazadores Investments has been focused on delivering sources of sustainable Alpha to its investor base. We concentrate on risk management and capital conservation and steer away from Beta.
Cazadores Multi Macro (CMM) comes to the market for the first time in 2025, offering a risk-focused liquid strategy designed to generate returns exceeding 10%, a Sharpe ratio above 2, and controlled drawdowns.
Developed and refined over the past five years, CMM employs a multi-signal approach that integrates both trend-following and mean reversion strategies, applied across a diversified universe of over 40 instruments spanning equities, rates, commodities, and FX.
The strategy is built from the ground up, leveraging insights gained from extensive market experience while addressing key inefficiencies observed in traditional approaches.
Credit Alpha is a global long/short credit strategy focused on emerging market high-yield corporates and quasi-sovereign bonds denominated in hard currency. The strategy leverages deep fundamental research, macro analysis, and active risk management to identify mispriced credit opportunities and generate capital appreciation, with enhanced yield from coupon income.
The two portfolio managers bring nearly forty years of institutional fixed income trading experience, having managed multi-billion-dollar trading books at Credit Suisse, RBC, and Credit Agricole. His background spans SSA, covered bonds, and high-yield emerging market credits, giving the strategy a distinct advantage in credit selection, trade structuring, and market execution.
The European Convertible Bond Arbitrage Fund is a market-neutral strategy designed to capitalize on mispricings between a convertible bond’s fixed income value and its embedded equity option. The fund focuses on the European market, where structural inefficiencies, less liquid instruments, and a diverse issuer base offer attractive relative value opportunities.
The core strategy involves purchasing undervalued convertible bonds and simultaneously hedging the associated equity delta, credit risk, interest rate exposure, and volatility using a combination of short equity positions, CDS, and interest rate derivatives. Through this approach, the fund aims to isolate and monetize the pricing anomalies and volatility premiums inherent in convertible securities.
We are an institutional investment manager based in London, UK, targeting absolute returns across multiple asset classes. The firm’s intention is these diversified returns will exhibit low volatility and a low level of correlation with both equity and fixed income indices.
Cazadores Investments has 4 portfolio managers with average experience of 16 years and over 50 years of combined investment experience from leading names such as Barclays Capital, Pala Assets and CIMB Investment Bank.
Risk Disclosure: Please note there is a substantial risk of loss in trading commodity futures, options and off-exchange foreign currency products.
Cazadores Investments Ltd (“Cazadores Ltd”) is a limited company registered in England and Wales, registration number 10181648. Authorised and Regulated by the FCA with FCA reference number 771719 | LEI Number: 213800ZHM57PSVHJM845 | Pillar 3 Disclosure can be found here.