Investment Philosophy

Our philosophy is based on the premise that structural inefficiencies in mortgage and related credit markets offer opportunities to generate attractive absolute returns and true alpha. At the same time, the lack of standardization and complicated nature of structured credit investments present risks that can be difficult to evaluate. Illumination possesses the robust technology, unique skill sets, and disciplined investment processes needed to extract value from these market inefficiencies while seeking to protect capital from unforeseen risks. In other words, we believe our competitive advantages provide us with the necessary “illumination” to navigate potentially tricky waters while seeking to produce superior risk-adjusted returns.