Corbin CIO Speaks with FundFire

Craig Bergstrom spoke with Lydia Tomkiw from FundFire on outlook for hedge funds and perspective on dispersion in the market.  Hedge Funds Gain Nearly $18B in Positive Q1 Start

Corbin CIO Speaks with P&I

Craig Bergstrom spoke with Christine Williamson from Pensions & Investments on the recent market activity around the retail trading blitz and potential implications for the industry moving forward. Archegos, GameStop events offer lessons on risk (pionline.com)

Corbin CEO Spoke with EisnerAmper Alternative Investments Spotlight

Elana Margulies-Snyderman, Senior Manager, Publications, spoke with Tracy McHale Stuart as part of the EisnerAmper Alternative Investments Spotlight.  Tracy shares her views on alternative investments, how the firm is working to incorporate ESG into its principles , her experience being a woman in alternative investments, what the firm is doing to champion D&I and more.  To listen to the podcast, follow the link: Multi-Strategy Hedge Fund and Opportunistic Credit Investing (eisneramper.com)

Corbin CIO Speaks with Business Insider

Corbin’s CIO Craig Bergstrom was featured in a Business Insider article that highlighted how many institutional investors are realizing that fixed income won't generate the returns they need, and they're looking at how hedge funds can be used to fill the gap. To read the full piece, follow the link: Institutions Are Swapping Fixed Income With Hedge Funds in Portfolios (businessinsider.com)

Corbin Celebrates Women’s History Month

In the spirit of Women’s History Month and supporting women, we asked our team for their advice for women professionals:

• “Find a true mentor and while it may sound cliché, always be true to yourself.”
• “Support one another. Everyone has an experience from which we can learn.”
• “Don't worry about what others think of you, because they're probably thinking about themselves, not you. And you can only control your own thoughts.”
• “Uplift and empower other women.”

Thank you to the incredible women at Corbin for being such valuable assets to the Corbin team!

Corbin CEO Spoke at the 2021 Pension Bridge ESG Summit

Corbin’s CEO Tracy McHale Stuart spoke on the “Diversity and Inclusion: The Role of Investors and Managers in Driving Change” panel at the 2021 Pension Bridge ESG Summit. The questions Tracy and the other panelists addressed included:

• What kind of Political Pressures are being Levied to Promote D&I Growth Externally and Internally? How has the Conversation Shifted in the Last Year?
• How can we get Past Ownership Metrics and into Metrics and Measurement around Full Workforce Diversity at All Levels?
• What are the Difficulty Levels of Building a Properly Diverse Work Force? And Why is this? 
• How much Attention do you give D&I when Seeking Managers? What's a Reasonable Expectation?

Corbin CIO Featured in Forbes

Corbin’s CIO Craig Bergstrom was featured in Forbes, discussing how hedge funds fared in 2020 and industry trends like ESG that are top of mind this year.  To read the full piece, follow the link: https://www.forbes.com/sites/jacobwolinsky/2021/01/07/these-are-the-trends-experts-are-seeing-in-hedge-funds-right-now/?sh=77dd14b9533e

Corbin Private Credit Manager Fund, L.P. Has Final Close

On October 20, 2020, the Corbin Private Credit Manager Fund, L.P. (“PCM”) held its final close bringing total committed capital to $127.5 million. PCM is a diversified private credit fund of funds focused on established and emerging managers and is complemented by an opportunistic sleeve for co-investments and secondary purchases. PCM seeks value by sourcing managers that target less competitive market segments and complexity premiums and by focusing on shorter duration, non-sponsored situations.

Corbin Director of Institutional Sales Speaks at MAPS Conference

Ralph Vasami, Director of Institutional Sales, gave an educational presentation titled “Alternative Investments: Seeing Past The Jargon” at the Mid-Atlantic Plan Sponsors (“MAPS”) Annual Trustee Education Video Conference on October 8th, 2020. The presentation focused on often complex alternative investment concepts, which were explained in an understandable way by drawing analogies to non-investment related topics. The audience included pension trustees, administrators, and financial industry service providers. MAPS is a non-profit, eleven-state organization dedicated to trustee education. 

Corbin CIO Speaks on EisnerAmper’s Virtual Panel

Craig Bergstrom joined the EisnerAmper “This Way Up: How Alternatives Should Look to Reorient in Q4 and Beyond” virtual panel to discuss how the alternatives market has fared and adapted since March, and which strategies could shape the space moving forward. Watch the full webinar here.  

Corbin Partner Chats with Seward & Kissel LLP

Adriana Clancy caught up with Seward & Kissel LLP to discuss the current investment environment. A few of the topics include:  

• How COVID-19 and the shelter-in-place quarantine affected Investment Due Diligence
• How Corbin sources and selects managers
• Key traits of successful investment managers

The video can be viewed here: https://vimeo.com/447598233

Corbin’s 2019 AUM Growth Profiled in HFM’s FoHF Billion Dollar Club

Corbin’s strong asset growth in 2019 was profiled in HFM’s FoHF Billion Dollar Club.

“The collective assets run by the world’s largest FoHF managers flatlined last year, despite the industry posting its strongest annual performance gain since 2013… Corbin Capital achieved one of the strongest percentage-growth gains in this asset bracket. The firm’s 14% growth for 2019 predominately came from client investments in multi-strategy portfolios, with additional growth in opportunistic credit strategies.”

Read more here: https://hfm.global/hfminvesthedge/analysis/2019-fohf-billion-dollar-club/

Corbin COVID-19 Communication

Dear Clients and Friends,

We are concerned and actively monitoring the rising number of COVID-19 cases across the US and globally. While we deeply value our high touch communication style with our clients and managers/partners, we want to do our part to put the safety of our employees, their families and our managers/partners first. In an effort to be conservative, Corbin has taken internal precautions suspending international travel and limiting travel within the US. Further, we are requiring any employee who has traveled to, or who has a household member who has traveled to, a Level 2 or 3 country as identified by the CDC to self-report that travel and work remotely for at least 14 days. We are carefully considering whether or not to meet with guests traveling from coronavirus regions and thus far have been able to meet all client and business needs with meetings and interactions via phone and web-based video conferencing. 

As part of a continued commitment to our employees’ and clients’ well-being and a true business continuity test, Corbin employees are currently working from home. Over many years, we have invested in our BCP and technology to be fully operational on a remote basis for all employees and functions across the firm. We have diligently and periodically tested this process and are pleased to note we are functioning at full business capacity at this time. We have also hired an outside cleaning company for a deep clean of the office with additional future cleanings scheduled, recognizing that COVID-19 is known for having a longer surface-life. We have reminded everyone to please stay home when suffering cold or flu-like symptoms, and while this may seem obvious, be diligent in hand washing and replace handshakes with elbow bumps.

In developing our measures to protect our employees and clients, we have spoken with the health department and other experts to better inform Corbin on how to be as prepared as possible. We will continue to monitor the situation and take all precautions necessary to protect our employees and clients. While we hope for the best, we are prepared to manage the risks our business and portfolios may face as the situation evolves.

The Corbin team is available to discuss any of your questions or concerns. Please reach out to your relationship manager or our client services team at clientservices@corbincapital.com any time.

Best regards,

Corbin Capital Partners, L.P.

Corbin CIO Speaks with Bloomberg

In the face of rising market volatility, CIO Craig Bergstrom spoke to Bloomberg about how hedge fund performance fared in February.

Read more here: https://www.bloomberg.com/amp/news/articles/2020-02-28/hedge-funds-finally-do-their-job-as-stock-markets-plummet

Corbin CIO Speaks with Pensions & Investments

The private debt market has exploded. In a recent article for Pensions and Investments, CIO Craig Bergstrom shared Corbin’s outlook on the state of the market, where investors can find attractive opportunities and what comes next for the asset class.

Read more here: https://www.pionline.com/industry-voices/commentary-opportunities-private-credit

Corbin CIO Shares Outlook with EisnerAmper

Craig Bergstrom shared his outlook for the alternative market and the economy at large with EisnerAmper.

“We believe that hedge funds can again demonstrate the sort of return pattern that justifies their place in institutional portfolios,” Bergstrom noted.

The EisnerAmper blog post can be found here: https://www.eisneramper.com/bergstrom-tw-ai-blog-0120/

Corbin Appoints Michael Lawson as Chief Information Officer

Corbin Capital Partners appointed Michael Lawson as the firm’s Chief Information Officer, effective January 6, 2020. Lawson was hired in this new role to help Corbin navigate the quickly evolving technology landscape and stay ahead of innovations in information technology.

Prior to joining Corbin, Lawson worked at Moore Capital Management for 22 years, most recently as the Head of Information Technology, followed by independent CIO/CTO consulting within the financial services industry. His extensive background in the field will provide invaluable expertise to Corbin’s existing technology infrastructure and team.

Corbin Director of Marketing Speaks with Pensions & Investments

Gwen Gold, spoke with Pensions & Investments about how Corbin works with hedge fund managers to create customized strategies for investors.

The Pensions & Investments article can be found here: https://www.pionline.com/hedge-funds/hedge-fund-managers-are-warming-custom-funds

Corbin Partner Speaks at the Women in Private Debt Forum in London

On November 6, 2019, Adriana Clancy spoke on the “View from the deal team: What skills are required to make a successful investment partner?” panel at the Women in Private Debt forum in London.

“We believe that we are able to make better investment decisions and manage risk more optimally with diversity of many forms as represented across our team. If we all have the same backgrounds and/or professional experiences, we are more likely to be narrower in our universe of focus and approach, and importantly, more likely to have similar blind spots. By stacking our team with professionals who bring varied perspectives to the table, we can evaluate investment ideas and understand their downsides in a far more comprehensive way.” - Adriana Clancy

Corbin CIO Speaks with Structured Credit Investor

Craig Bergstrom shares his thoughts on the Land Banking space with Structured Credit Investor. “There aren’t many active financing providers in the land banking space. Consequently, yields across the sector represent a premium to comparable risk because of the low multiples of investor capital involved”, states Craig.

The Structured Credit Investor article can be found here: https://www.structuredcreditinvestor.com/article_loggedOut.asp?subtype=notloggedon&Status=8&SID=70754&ISS=25035

Corbin CEO Speaks at Albourne’s Annual Conference

On October 23rd, 2019, Tracy McHale Stuart spoke on a panel on how hedge funds can address Environmental, Social, and Governance (ESG) factors at Albourne’s annual conference in Philadelphia. She discussed her perspective on the level of ESG engagement across the hedge fund landscape and shared insights from Corbin’s approach to integrating these factors into the investment process. She also commented from Corbin’s experience on how managers can incorporate sustainable practices themselves and advocated for the industry more broadly to promote diversity and inclusion within its ranks.

Details on Corbin’s approach to responsible investing can be found here: https://www.corbincapital.com/principles

Corbin hosts their first Girls Who Invest intern

We know that we need diverse teams to challenge groupthink and gain different perspectives, but many of us are hardwired to gravitate towards people who look and sound like us. Non-profit organizations like Girls Who Invest are paving the way for change. GWI’s mandate is to support talented and motivated young women interested in a career in asset management, one of many industries that struggles with diversity. This summer, Corbin had the opportunity to partner with GWI to help grow the talent pipeline for the future.

Congratulations to our first Girls Who Invest intern, Katherine Huffert from the University of Notre Dame, on a productive summer! Everyone at Corbin was inspired by Katherine’s eagerness to learn and impressed by her contributions to our team. Katherine’s learnings were evident in her final presentation about her hands-on research and evaluation of a global Long-Short Equity fund. We wish Katherine all the best with the new school year!

"My internship at Corbin Capital Partners provided me with an incredible experience to explore asset management and develop skills critical for a professional in finance. Six-weeks surrounded by brilliant, engaging individuals and a dynamic company culture truly encouraged my passion for investing. Thank you Corbin for an outstanding summer, and thank you Girl's Who Invest for the opportunity to intern at such a fantastic firm!"

- Katherine Huffert

Corbin Partner Discusses the Direct Lending Space with Creditflux

On June 6, 2019, Adriana Clancy discusses the direct lending space with Creditflux after her panel at the Creditflux Debtwire US Mid Market Forum. 

The Creditflux video can be found here: https://www.creditflux.com/Funds/2019-07-03/Corbins-Clancy-you-can-get-more-bells-and-whistles-with-nonsponsored-deals-video

Corbin Co-Portfolio Manager of Credit Strategies speaks at Opal’s Private Debt Forum

On June 3^rd, 2019, John Hartwell Cocke spoke on a panel at the Opal Private Debt Forum in New York City. He discussed opportunities in direct lending and what’s next for the asset class.

Corbin CIO speaks at the Quant Conference 2019

On April 12^th, 2019, Craig Bergstrom spoke on a panel at the Quant Conference. He discussed his views on the challenges and opportunities in quantitative hedge fund investing, highlighting the current diversity in methodologies used by managers across strategies

Corbin Deputy CIO speaks at Goldman Sach’s Prime Services Pre-EMC Workshop

On January 23^rd, 2019, Rob Zellner spoke on a panel at the Goldman Sach’s Prime Services Pre-EMC Workshop. He discussed emerging manager identification, evaluation, and selection.

Corbin CEO Speaks at Women’s Alternative Investment Summit

On November 9^th, 2018, Tracy McHale Stuart spoke on a panel at the Women’s Alternative Investment Summit. She addressed what strategies Corbin thinks will work in 2019, whether there are still opportunities in long/short equity, and the importance of increased diversity efforts among hedge funds.

Corbin Co-Portfolio Manager of Credit Strategies Speaks at HFM InvestHedge Conference

On October 18^th, 2018, John Hartwell Cocke spoke on a panel at the HFM InvestHedge Conference. He discussed rising demand for co-investments, the importance of structuring, and best co-investing practices.

Corbin Private Credit Opportunity Fund II, L.P. Has Final Close

On October 5, 2018, the Corbin Private Credit Opportunity Fund II, L.P. (“Fund II”) had its final close with $138.8 million of committed capital. Fund II is a co-investment-focused fund that targets non-sponsored, lower middle market, niche situations.

Corbin CIO speaks at Wells Fargo 2018 Active Management Research Alliance Symposium

On September 21^st, 2018, Craig Bergstrom spoke on a panel at the Wells Fargo Active Management and Research Alliance Symposium. He discussed opportunities for closer partnership with academic research that would lead to better understanding of the industry and opportunities for generating alpha.

Corbin Expands Investment and Risk Teams in 1H 2018

Corbin added two hires in the first half of 2018, expanding the investment and risk teams. Zach Bader joined the investment team as a credit analyst. He previously worked at Archview, a distressed hedge fund, where he focused on event-driven credit opportunities. Shryan Appalaraju joined the risk team as a quantitative investment analyst. He previously worked in BlackRock’s Portfolio Analytics group.

Corbin CIO Speaks at Wells Fargo Prime Services Hedge Fund Symposium

On June 20th, 2018, Craig Bergstrom spoke on a panel at the Wells Fargo Prime Services Hedge Fund Symposium. He was on the CIO Panel alongside other industry Chief Investment Officers and discussed his “View From the Top.”

Corbin Investment Team Principal speaks at K&L Gates/AIMA Emerging Manager Hedge Fund Forum

On June 19^th, 2018, Jeffrey Park spoke on a panel at the K&L Gates/Alternative Investment Management Association (AIMA) Emerging Manager Hedge Fund Forum. He discussed what it takes for the next generation of alternative investment managers to succeed and the “must haves” for new managers on day one.

Corbin CIO speaks at Morgan Stanley Fixed Income Hedge Fund Forum

On May 22^nd, 2018, Craig Bergstrom spoke on a panel at the Morgan Stanley Fixed Income Hedge Fund Forum. He discussed his views on the fixed income and credit markets, where we are in the cycle, and what fixed income assets are most interesting.

Corbin Mezzanine Fund I, L.P. Has Final Close

On July 1, 2016, the Corbin Mezzanine Fund I, L.P. (“Fund I”) had its final close with $112 million of committed capital. Fund I is a co-investment-focused fund that targets smaller, off-the-run and niche situations.