Century City Capital Management, LLC

 Fixed Income Hedge

Fixed Income Trading involves strategies with alternative approaches to traditional fixed income investments. Managers seek to capture profit through opportunities with small pricing anomalies, while maintaining a minimum exposure to interest rates and other market risks. This strategy typically utilizes a varying amount of leverage, and investments may be either long or short.

Capital Structure Arbitrage: A form of arbitrage which exploits pricing discrepancies of securities within a company's capital structure such as senior debt versus subordinated debt.