The Fund’s primary investment objective is to generate income whilst maintaining an overriding focus on capital preservation. The Fund will seek to achieve its investment objective by investing in a diversified portfolio of asset-backed securities (“ABS”), in particular in the form of collateralized mortgage obligations ("CMOs"), collateralized loan obligations (“CLOs”) and other collateralized debt obligations ("CDOs").
Relative value analysis or sector allocation is conducted by the portfolio management team across all ABS classes in which the Fund invests. This top-down approach incorporates analysis of interest rates, global economic expectations, and ABS valuation. The portfolio management team has the capability to analyze numerous ABS assets classes (being CMBS, RMBS, CLOs, and other CDOs). Generally, the relative value of these asset classes will be primary drivers of security selection and sector allocation.
Additionally, the portfolio management team will not manage the portfolio’s asset allocation to resemble the Fund’s benchmark in a relative sense, but instead with a focus on absolute return. The Fund’s current strategy has a bias towards credit and low duration assets to manage interest rate risk. The bias is not set for the long-term and may change over time as the portfolio manager’s view on the global economy, interest rates, and capital market conditions change.
Senior Portfolio Manager
Berkin is a Senior Portfolio Manager at Angel Oak Capita... See all
Berkin is a Senior Portfolio Manager at Angel Oak Capital. He serves as a Portfolio Manager for three of the firm’s mutual funds, the Multi-Strategy Income Fund, High Yield Opportunities Fund, and the Strategic Credit Fund, as well as one of the firm’s private funds. He has over 19 years of experience in fixed income products and focuses on building and managing strategies within the collateralized loan obligation (CLO) market.
Prior to Angel Oak, Berkin spent six years as an executive director at UBS, covering structured products and client solutions. Prior to UBS, Berkin worked at Bank of America where he focused on the structuring and marketing of CLOs and synthetic collateralized debt obligations backed by corporate credit. Before Bank of America, Berkin worked in Turkey as a commercial banker, where he was responsible for lending to large cap corporations.
Berkin holds a B.S. degree in Civil Engineering from Bogazici University in Istanbul, Turkey and an M.B.A. from Duke University’s Fuqua School of Business.
Senior Portfolio Manager
Clayton is a Senior Portfolio Manager at Angel Oak Capit... See all
Clayton is a Senior Portfolio Manager at Angel Oak Capital and serves as a Portfolio Manager for the UltraShort Income Fund, the Multi-Strategy Income Fund, the Strategic Credit Fund, the Core Impact Fund, and the Multi-Strategy Income UCITS Fund. He is a Portfolio Manager within the asset-backed securities (ABS) markets and focuses on cross asset fund allocation and interest rate risk management of Angel Oak’s funds and institutional separately managed accounts. He is a voting member of the firm’s public funds Investment Committee and is the Lead Portfolio Manager for the UltraShort Income Fund. Clayton has been in the investment management industry since 2008 and has experience across multiple sectors of fixed income. Prior to joining Angel Oak in 2011, he worked for YieldQuest Advisors, where he was a member of the investment committee focusing on the interest rate risk, currency risk, and commodity exposures of the portfolios alongside directly managing the closed-end fund allocations within the portfolios and individual accounts.
Clayton holds a B.B.A. degree in Finance from the Farmer School of Business at Miami University in Oxford, Ohio and holds the Chartered Financial Analyst (CFA®) designation.
Senior Portfolio Manager
Colin is a Senior Portfolio Manager at Angel Oak Capital... See all
Colin is a Senior Portfolio Manager at Angel Oak Capital and serves as a Portfolio Manager for the Multi-Strategy Income Fund, the UltraShort Income Fund, the Strategic Credit Fund and the Core Impact Fund. He also focuses on security and portfolio analytics and is responsible for building and managing strategies within the residential mortgage-backed securities market.
Colin joined Angel Oak in 2012 and serves as a voting member of the firm’s public funds Investment Committee. He is also a speaker on many of the firm’s quarterly calls for both its private and public funds.
Prior to Angel Oak, Colin worked for an Atlanta-based boutique investment firm where he was responsible for the acquisition and management of their distressed debt portfolio, as well as the development of their proprietary financial technology platform. Previously, Colin worked in the Real Estate Capital Markets group for Wachovia Bank and Wells Fargo where he focused on risk management for their commercial real estate REPO lines.
Colin holds B.B.A. degrees in Banking & Finance and Real Estate from the Terry College of Business at the University of Georgia.
Chief Investment Officer, Public Strategies
Sam is a Managing Director and Chief Investment Officer ... See all
Sam is a Managing Director and Chief Investment Officer of the public strategies at the Advisor and serves as a Portfolio Manager for the Angel Oak Multi-Strategy Income Fund, Angel Oak Strategic Credit Fund, Angel Oak Core Impact Fund, and the Angel Oak Multi-Strategy Income UCITS Fund. He also manages some of the separately managed accounts for the Advisor’s clients.
Sam joined Angel Oak in 2009 and serves as a voting member of the firm’s public funds Investment Committee. He has also been featured as a television guest on Bloomberg, CNBC, Fox Business, and TD Ameritrade Network as well as quoted in Bloomberg and Barron’s.
Sam began his capital markets career in 2002 and has investment experience across multiple sectors of the fixed income market. Prior to joining Angel Oak, he spent six years marketing and structuring interest rate derivatives with SunTrust Robinson Humphrey where he focused on both interest rate hedging products and interest rate linked structured notes. Before SunTrust, Sam spent two years at Wachovia in Charlotte, NC supporting the agency mortgage pass-through trading desk.
Sam holds a B.A. degree in Economics from the University of Georgia.
Managing Partner, Co-CEO & Group Chief Investment Officer
Sreeni is a co-founder, Managing Partner and Group Chief... See all
Sreeni is a co-founder, Managing Partner and Group Chief Investment Officer at Angel Oak Capital and is responsible for the overall investment strategy of the firm.
Prior to Angel Oak, Sreeni was the Chief Investment Officer of the investment portfolio at Washington Mutual Bank in Seattle where he managed a $25 billion portfolio. He was also part of the macro asset strategy team at the bank. Sreeni previously worked for six years at SunTrust Bank in Atlanta, where he was responsible for investment strategies and served as Head Portfolio Manager for the $3 billion commercial mortgage-backed securities portfolio. He began his career at SunTrust in 1998 as a Bank Analyst focused on asset/liability management and liquidity strategies.
Sreeni holds a B.B.A. degree in Economics from Georgia College and State University and an M.B.A. in Finance from Georgia State University.
Disciplined investment process – A combination of top-down and bottom-up approach to identify the best relative value opportunities and individual securities, which potentially offers both stable income and price appreciation.
Expertise across structured credit market – Specialized in multiple areas of structured credit security analysis including origination, servicing, securitization, credit analysis and portfolio management. This level of expertise in the asset management industry is unique and enables Angel Oak Capital to achieve superior risk-adjusted returns.
Extensive industry experience – A diverse and deeply experienced team that has been in the market since the mid 90’s. This market intelligence creates a significant differentiation within the asset management industry and the team’s strong and diverse industry relationships spanning various counterparties and market participants helps facilitate security sourcing and best execution to enable alpha creation.
Waystone Investment Management (IE) Limited, 23 St. Stephen's Green, Dublin 2, D02 AR55, Ireland is licensed to provide Investment Management services to Professional Clients (including Collective Investment Schemes) by the Central Bank of Ireland.
MontLake UCITS Platform ICAV is an umbrella open-ended Irish collective asset-management vehicle with segregated liability between Funds formed in Ireland under the Irish Collective Asset-management Vehicles Act 2015 and authorised by the Central Bank as a UCITS pursuant to the UCITS Regulations.
The Manager of MontLake UCITS Platform ICAV is Waystone Fund Management (IE) Limited, a company regulated by the Central Bank of Ireland.
This website is directed mainly for professional and institutional clients who possess the necessary experience, knowledge and expertise to make their own investment decisions and properly assess the risk that it incurs.
Information on this website was obtained from various sources and the company does not guarantee its accuracy. The information is for your private use and discussion purposes only and expressed views and opinions may change.
The Performance figures quoted refer to the past and past performance is not a guarantee of future performance or a reliable guide to future performance. The value of your investment and their income may go down as well as up.
Your investment may also be subject to currency, interest rate, as well as market fluctuations. Consequently the Investor may not get back a sum equal to that he / she originally invested.
Investors should note that an investment in those Sub-Funds which may invest in emerging markets should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
The Sub-Funds may invest in Over the Counter as well as Exchange Traded derivative instruments to enhance return or hedge against fluctuations in security prices or market rates as well as to short sell a security through the use of a derivative instrument. Transactions in derivative instruments involve a risk of loss or depreciation of capital due to adverse changes in security prices, exchange rates or interest rates or in the case of OTC instruments default of Counterparty. This investment may not be suitable for all types of investors. It is therefore recommended that you consult your investment advisor.
A commission or sales fee may be charged at the time of the initial purchase for an investment and may be deducted from the invested amount therefore lowering the size of your investment. The Investment Manager will be entitled to receive a performance fee as well as a management fee, calculated on a daily basis and paid quarterly by the sub-funds.
The Levels and bases of taxation are dependent on individual circumstances and subject to change and therefore it is highly recommended that you consult a professional tax advisor.