April 23, 2025 – Luxembourg / Limassol – Blackbeard Asset Management Ltd (“Blackbeard”) is pleased to announce the successful launch of its Luxembourg-domiciled Reserved Alternative Investment Fund (RAIF), designed to provide well-informed and institutional investors with access to its two flagship strategies: the Blackbeard EM High Yield Bonds Fund and the Blackbeard EM Distressed Credit & Special Situations Fund.

The RAIF structure represents a cornerstone in Blackbeard’s international growth, enabling flexible and scalable capital deployment across complex credit opportunities in emerging markets and Europe. As a Luxembourg-domiciled product, the RAIF benefits from a robust legal framework, investor-friendly structuring, and cross-border distribution efficiencies.

“The RAIF launch marks a major step in our evolution as an institutional platform,” said Ruslan Patlavsky, Chief Investment Officer of Blackbeard. “It provides allocators with streamlined access to our core strategies through a best-in-class European vehicle built for transparency, governance, and operational scalability.”

Both sub-funds are structured as evergreen vehicles, allowing for ongoing subscriptions and redemptions in accordance with their respective liquidity provisions. The structure is built to support varying investor profiles, including those seeking tactical exposure to dislocated markets and those pursuing longer-term, special situations allocations.

The RAIF accommodates open-ended sub-funds and is designed to align with sophisticated investor requirements in terms of legal structuring, liquidity matching, and tax efficiency.

“We continue to see strong demand for credit strategies that can convert volatility and complexity into opportunity,” added Patlavsky. “Our RAIF platform enables us to meet that demand in a flexible, scalable manner that supports our long-term investor partnerships.”