Led by @ShermanCBFunds, CrossingBridge Advisors is an investment-management firm specializing in ultra-short and low-duration strategies, including SPACs.
When incentives misalign and covenants erode, creditors pay the price. Our Principles & Interests piece, "Knowing When to Step Off the Merry-Go-Round" examines the latest chapter in the Optimum Communications drama through the lens of incentives, covenants, and capital structure positioning.
#CreditMarkets #FixedIncome
https://t.co/QOcgmKPHBg
Our Q1 2026 Quarterly Commentary - "Won't Get Fooled Again" - is now available.
"That is why illiquidity, by itself, is not the villain. Uncompensated illiquidity is the villain. Misunderstood illiquidity is the villain. In a world where prompt supply commands a premium, capital is not exactly sitting around bored, and liquidity has a bad habit of disappearing right when people start needing it, the old rules still apply: price matters, structure matters, and discipline matters. "Won't Get Fooled Again" is not about cynicism. It is about remembering that risk never goes away.
Risk changes price. It does not disappear."
https://t.co/FH4aBLJM9g
#CrossingBridge #FixedIncome #CreditMarkets
We're launching a new series: Principles & Interests.
Short takes on compelling situations across fixed income. Our first piece dives into EA bonds and why the fine print mattered more than the headline opportunity.
#ElectronicArts#EASports
https://t.co/5JrJdQvcrN
CrossingBridge founder and CIO, @shermancbfunds, joined Bloomberg's @DavidCohne & Sam Geier on the Inside Active by Bloomberg Intelligence podcast #fixedincome#credit#bloomberg
Link to prospectus and disclosures below:
https://t.co/cH2rY0DfDS
https://t.co/lqQeVNpOIm
SPACs don't have to be risky. We launched the CrossingBridge Pre-Merger SPAC ETF to attempt to capture the fixed-income nature of SPACs rather than their high-flying risk/reward attributes. Click here for disclosures: https://t.co/gdZl3ZqdcG #spacs https://t.co/Rr17F2Q3Nc
SPACs have pretty much been in the news non-stop over the past few years, but there still seems to be a lot of confusion about what they are and how they work. With that in mind we created a fun, educational video to help demystify this asset class #SPACs https://t.co/CB3yZxI9RA
What are SPACS and how do they work? @ShermanCBFunds connected with @AshBennington to share his insight on everything you need to know about the asset class via @RealVision.
Did you know #SPACs made up 68.5% of all IPOs during the 1st quarter of 2021? Or that they are nearing a $1 trillion mkt cap?
Just in October, 57 new #SPACs began trading... the highest # since March.
But, what the hell are #SPACs? How do they work? Are they a good investment?