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
derivatives.