400 Capital Management
400 Capital Management, founded in 2008, manages $6.3 billion in assets and specializes in structured and securitized credit markets, with offices in New York and London.
Company Overview
400 Capital Management was founded in 2008 and has grown into a recognized, market-proven, process-oriented platform. The company currently manages $6.3 billion in assets as of March 1, 2024, and employs 65 professionals. With offices in New York and London, 400 Capital operates 15 funds and specializes in structured and securitized credit markets.
Investment Strategy
400 Capital Management focuses on investing across residential and commercial mortgage loans and securities, including RMBS and CMBS, consumer and esoteric asset-backed loans and securities (ABS), and corporate debt and loans such as CLOs. The company also invests in related performing and distressed portfolios in the U.S. and Europe. To mitigate risks associated with interest rate, credit, and volatility, 400 Capital utilizes interest rate swaps, credit default swaps, market indices, futures, and options.
Private Credit Funds
In the private credit sector, 400 Capital Management has shown significant progress by closing its third private credit fund, the Asset Based Term Fund III, with $580 million of committed capital. This underscores the company's ability to attract investment and drive growth in the private credit market.
Commitment to ESG
400 Capital Management is committed to responsible investing and corporate governance. The company incorporates Environmental, Social, and Governance (ESG) considerations into its management practices and investment policies. As a signatory of the United Nations Principles for Responsible Investment (UNPRI), 400 Capital demonstrates its dedication to sustainable investing.
Charitable Initiatives
400 Capital Management actively supports various charitable initiatives and community events. The company contributes to organizations such as 51 Vets, Abilis, Alex’s Lemonade Stand, and Habitat for Humanity, reflecting its commitment to giving back to the community and supporting meaningful causes.