Our Global Market
Strategies segment, established in 1999 with our first high yield fund, advises a group of 46 active funds that pursue investment opportunities across various types of credit, equities and alternative instruments, including bank loans, high yield debt, structured credit products, distressed debt, corporate mezzanine, energy mezzanine opportunities and long / short high - grade and high - yield credit instruments, emerging markets equities, and (with regards to certain macroeconomic strategies) currencies, commodities and interest rate products and their de
Strategies segment, established in 1999 with our first high
yield fund, advises a
group of 46 active funds that pursue investment opportunities across various types of credit, equities and alternative instruments, including bank loans, high
yield debt, structured credit products, distressed debt, corporate mezzanine, energy mezzanine opportunities and long / short high - grade and high -
yield credit instruments, emerging markets equities, and (with regards to certain macroeconomic
strategies) currencies, commodities and interest rate products and their de
strategies) currencies, commodities and interest rate products and their derivatives.
In contrast, the approach under waivers, dubbed turnaround, was much more focused — applying only to the 5 percent of schools identified as «priority» schools and based on key principles outlined by the Department (see sidebar Turnaround Principles).62 Fewer schools were part of the effort, but in turn, the effort was much more intensive and required significant changes in school operations, culture, leadership, and practice.63 The hope was that a more disruptive and ambitious
strategy will
yield dramatic results: after three years, these schools would no longer be in the bottom 5 percent, and another
group of schools could be identified to undergo turnaround.