Investment Objective
Lazard Rathmore Alternative Fund seeks absolute returns through event driven/special situation strategies and convertible arbitrage. The Fund aims to identify opportunities through proprietary screening tools, quantitative analysis and robust fundamental research. Various trading strategies are utilized including, but not limited to, monetizing opportunities created by idiosyncratic events (buybacks, exchanges, sweeteners, etc.), volatility capture, and relative value credit trades. Trading strategies typically utilize convertible bonds and positions are typically structured with an associated equity hedge.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.3 | 0.9 | 0.6 | 0.0 | 0.3 | 0.5 | 0.7 | 0.9 | 0.5 | 0.9 | 0.7 | 0.4 | 0.5 | |
| 2023 | 0.1 | 0.1 | 0.5 | 0.7 | 0.9 | 0.5 | 0.7 | 0.2 | 0.1 | 0.4 | 0.3 | 0.4 | 0.6 |
