• FOUNDED
    2006
  • EMPLOYEE
    OWNERSHIP
    100%
  • EMPLOYEES
    34
  • INVESTMENT
    PROFESSIONALS
    12
Oceanwood is a European-focused investment manager specialising in catalyst-driven investment opportunities across the capital structure.

Oceanwood was founded in 2006 and is one of the longest running, continuously operated investment firms dedicated to investing in Europe.
We invest in a range of strategies, dynamically allocating capital across the capital structure and are not constrained to a single strategy at any point in time. Oceanwood manages capital for institutional investors, including leading public and corporate pensions, endowments, foundations, insurance companies and family offices.

    • ABOUT US //
    • FIRM HISTORY
    FIRM HISTORY
    Christopher Gate founded Oceanwood Capital in 2006 and launched the firm's flagship event-driven hedge fund in September of that year.

    • Prior to launching Oceanwood, Chris managed Tudor Investment Corporation's event driven strategies for six years after previous roles at Barclays Capital and Bankers Trust.

      20+
      YEARS

      He began his career at Goldman Sachs and has been running investment strategies similar to those employed at Oceanwood for over 20 years.

      Oceanwood has managed client capital through a period of extreme market turbulence including the collapse of Lehman Brothers and the 2008 financial crisis, the ensuing European sovereign debt crisis culminating in the Greek bailouts, and more recent political upheaval. Through this period, Oceanwood's flexible investment approach has enabled it to identify and invest across the capital structure of European companies.

    • 2006
  • ABOUT US //
  • APPROACH
APPROACH
    • Oceanwood employs a dynamic investment approach across the capital structure and through the business cycle, which is not constrained to a single strategy at any point in time
    • There is a strong focus on the balance sheet to identify opportunities for restructuring, refinancing or other value transfers between stakeholders

    Our ability to employ a wide range of investment strategies allows us to find opportunities in all market environments.


    Value with a catalyst, stressed/distressed, constructive activism, merger-arbitrage, alpha shorts & hedging all form part of the broad investment strategy.

  • ABOUT US //
  • STRATEGY
STRATEGY
A consistent investment strategy that is designed to provide investors with absolute returns, through-the-cycle, by applying a fundamental approach to catalyst-driven investing. The strategies and instruments employed vary at different points in the cycle.

  • EQUITY
    EQUITY
    • Focus on companies and industries undergoing change
    • Identify mis-pricings, focus on the balance sheet
    • Spot targets and arbitrage announced M&A in expansionary periods
    • Distinguish 'winners' from 'losers' in contractionary periods
  • CREDIT
    CREDIT
    • Focus on balance sheet restructuring
    • Target companies where restructuring is imminent
    • Seek out corporate bonds with catalysts for value release
    • Arbitrage spreads, if attractive, in announced transactions
  • DISTRESSED
    DISTRESSED
    • Focus on value transfers between credit and equity
    • Conduct extensive fundamental downside analysis
    • Manage sizing and liquidity carefully
    • Construct trades with low correlation to the markets
FLEXIBLE ALLOCATION OF CAPITAL ACROSS THE CAPITAL STRUCTURE, THROUGH
THE BUSINESS CYCLE
  • London
  • Malta

Commitment to the UK Stewardship Code

Under Rule 2.2.3R of the FCA's Conduct of Business Sourcebook, Oceanwood Capital Management LLP ( “Oceanwood”) is required to disclose the nature of its commitment to the UK Financial Reporting Council's Stewardship Code (the "Code") or, where it does not commit to the Code, its alternative investment strategy. The Code is a voluntary code and sets out a number of principles relating to engagement by investors with UK equity issuers. Investors that commit to the Code can either comply with it in full or choose not to comply with aspects of the Code, in which case they are required to explain their non-compliance.

Oceanwood employs a European-focused event-driven investment strategy which involves, among others, investments in equities, including UK equities. The Code is therefore relevant to only certain aspects of Oceanwood's investment process. While Oceanwood generally supports the objectives that underlie the Code, Oceanwood has chosen not to commit to the Code. Oceanwood invests in a variety of asset classes and in a variety of jurisdictions and its approach in relation to the engagement with issuers and their management will vary on a case by case basis. Therefore, Oceanwood does not consider it appropriate to commit to any particular voluntary code of practice relating to any individual jurisdiction or asset class.

Disclaimer

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TERMS AND CONDITIONS OF USE

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Information on this Site

The information on this site is issued by Oceanwood Capital Management LLP ("Oceanwood"), which is authorised and regulated by the Financial Conduct Authority in the United Kingdom and is an SEC Registered Investment Adviser. Registration with the United States Securities and Exchange Commission does not imply a certain level of skill or training. The information on this site is directed only at persons or entities in any jurisdiction or country where such access to information contained on this site and use of such information is not contrary to local law or regulation. Accordingly, all persons who access this site are required to inform themselves of and to comply with any such restrictions.

Oceanwood Capital Management Limited is authorized and regulated by the Malta Financial Services Authority (“MFSA”) and is an SEC Registered Investment Adviser. Registration with the United States Securities and Exchange Commission does not imply a certain level of skill or training.

Investments in Oceanwood managed funds or portfolios should only be made by persons with professional experience of participating in such funds or portfolios.

The distribution of the information contained in this Website in certain countries may be restricted by law and persons who access it are required to inform themselves and to comply with any such restrictions and Oceanwood disclaims all responsibility if you access or download any information from this site in breach of any law or regulation of the country in which you are residing.

No information or material herein is to be deemed a recommendation to buy or sell any securities or should be relied upon for the purpose of making or communicating investment or other decisions. In addition, no information, content or other materials contained herein should be construed or relied upon as investment, legal, accounting, tax or other professional advice or in connection with any offer or sale of securities. You will only be able to invest after receiving a final prospectus and subscription document. Any decision to invest should be based on the final prospectus document and you should take independent advice if necessary.

Past Performance

Performance data quoted represents past performance and does not indicate future results. Future returns are not guaranteed and a loss of principal may occur. Investment in unregulated funds carries the risk of potential total loss of capital.

All performance figures contained on this website are estimated and based on preliminary unaudited financial information.

Information that is provided on this website is based upon information included in Oceanwood records, as well as, information received from third parties. In the event of any discrepancy between the information contained herein and the information contained in an investor's monthly account statement, the latter shall govern.

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