Navigare’s long-term mission is:

• to be a premiere investment management organization dedicated to creating
  superior performance
• focusing primarily on credit risk oriented portfolio strategies
• for a diverse group of clients

We bring to the management of our portfolios and our business proven investment skills and a thorough, disciplined investment process. We have extensive experience managing high credit risk portfolios through a variety of market environments. The senior members of the Navigare team each have over twenty years of experience in the non-investment grade credit markets, having managed investments for a variety of clients, including insurance companies, pension funds, structured products, and mutual funds.

We are forward-looking in our investment approach and we emphasize credit fundamentals in our investment selection. We also believe that credit markets oscillate between periods of overpricing and underpricing risk, and our view of the credit cycle influences the construction of our portfolios.

We believe that our investors deserve superior performance over a full cycle relative to the risk assumed, as well as open communication about the fundamental aspects of their portfolio and the rationale for our investment decisions.

Our investment process includes a rigorous assessment and ranking of credits in terms of various fundamental and structural attributes. Our portfolio construction emphasizes diversity and management of potential credit loss, and our decision making process is formal and team-oriented. Monitoring of portfolio positions is active and continuous.