Najib Nakad was born in the Dutch town of Soest in 1965 and studied at the Technical University of Delft. After four years as project manager at Logica, he became a fixed income strategist at Meespierson. In 2004, Najib joined Hof Hoorneman Bankiers and, as CIO, he instigates a wide range of strategies over his funds: distressed debt, value, high yield and core-satellite investing. Najib is a CFA charterholder and, in addition to his investment management duties, he enjoys playing hockey and snowboarding, as well as attending the cinema and theatre.
The objective of the fund is the realization of capital growth for an intermediate period or longer by investing in illiquid securities and high return debt. With non liquid securities the fund means those securities which are not heavily traded because the information published is few and the market therefore puts them in a high risk profile. With high return debt the fund means bonds and convertibles of issuing bodies like bank loans and trade requisitioning on enterprises for which the market believes they have a high risk profile.