BlackGold Capital Management
BlackGold Capital Management is an alternative investment manager focused on credit investments in the energy industry. It employs a deep fundamental research-driven approach to analyzing energy assets and capital structures in order to identify credit investments with compelling risk/reward profiles. The firm manages its capital across an investment platform which includes public and private commingled strategies as well as managed accounts.
POTENTIAL RETURN DRIVERS
Special Situation Opportunities
Idiosyncratic, alpha-generating investments that can be based on early or differing views of a particular asset, basin or subsector relative to the market.
Opportunistic and Relative Value Trading
These opportunities are numerous and can be related to acquiring cheaper assets within the capital structure of a particular entity, or relative to another company.
Distressed Opportunities
As a result of the energy downturn, there are many interesting restructuring opportunities whereby bondholders convert debt to equity at the trough of the cycle.