Liberty Street Advisors (Liberty Street) has named Bramshill Investments (Bramshill) as subadvisor to the Braddock Multi-Strategy Income Fund, which is set to be renamed as the Bramshill Multi-Strategy Income Fund.
The fund will continue to invest in asset-backed debt securities, primarily in residential mortgage-backed securities.
Based in Naples, Florida, Bramshill is an alternative asset management firm co-founded in 2012 by former GLG portfolio manager, Arthur DeGaetano, which specialises in fixed-income including corporate bonds, preferred securities, municipal bonds, structured credit, and credit-themed equities. The firm brings over 13 years of experience in the fixed income space and has a proven track record of executing on a core absolute return approach.
Paul van Lingen, as senior managing director and portfolio manager, and Ara Balabanian, as managing director and portfolio manager, will be responsible for the fund’s management and investment strategy.