
18 FEB, 2026
By Joanna Piwko from RankiaPro Europe

Muzinich & Co. has announced the launch of Muzinich Global Credit Market Neutral. The aim of the new strategy is to offer stable, risk-adjusted returns, regardless of market direction, by taking advantage of mismatches and distortions in the global credit market.
The fund takes a market-neutral approach within the credit universe, seeking to extract value from inefficiencies through arbitrage portfolios. The proposal is based on the firm's accumulated experience in long/short strategies in the United States and Europe, designed to capture rises and protect against falls through a series of "portfolios". The Muzinich Global Credit Market Neutral is built from these arbitrage portfolios in an attempt to generate consistent risk-adjusted returns.
The fund will be managed by the same experienced investment team that leads the firm's long/short strategies, with Jamie Cane and Greg Temo as portfolio managers. According to the firm, the continuity of the team and the use of already proven processes aim to transfer to the new vehicle the operational and analytical advantages developed on their credit platforms in the United States and Europe.
The arbitrage books of our long/short strategies have achieved consistent return profiles in varied market conditions, despite low beta, volatility, and downturns. By maintaining balanced long and short positions, the Fund aims to isolate alpha and reduce exposure to general market movements. With a disciplined focus on relative value, fundamental analysis, and risk management, the Fund aligns with our commitment to seek stable returns and preserve capital in all phases of the market cycle.
Jaime Cane, co-manager of the Muzinich Global Credit Market Neutral fund