KopenTech in the Press
Credit fund Sancus focuses on arbitraging inefficiencies
Olga Chernova, is founder and CIO of Sancus Capital, a long short credit manager and one of the leading female figures in the credit space.
SEC issues no-action relief on proposed CLO Applicable Margin Reset mechanism
On September 1, 2016, the SEC issued a no-action letter to Sancus Capital Management LP clarifying that a proposed "applicable margin reset" mechanism built into certain notes issued in a CLO transaction would not constitute an offer and sale of asset-backed securities by an issuing entity within the meaning of Regulation RR (17 C.F.R. Part 246).
SEC issues interpretive letter on proposed Applicable Margin Reset mechanism
The staff of the Division of Corporate Finance of the U.S. Securities and Exchange Commission issued an interpretive letter to Sancus Capital Management LP and its affiliates in response to a letter from Dechert LLP on behalf of Sancus Capital on September 1, 2016.