ION is a New York based distressed debt fund that targets Sovereign and State Owned entities that have committed technical defaults previously.

Our style is contrarian and research-driven.  

Most distressed debt funds take outsized risk to earn return. ION takes positions on the basis of short term cash flow versus volatility and spreads. ION also hedges against technical default risk with proven success in recovery. 

The materials on this website are for illustration and discussion purposes only and do not constitute an offering. An offering may be made only by delivery of a confidential offering memorandum to appropriate investors. Past performance is no guarantee of future results.