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Bridging Futures: NCI and CrossingBridge Partner Up

Report: Systematic Strategies

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Stockholm (HedgeNordic) – Danish high-yield-focused asset manager NCI Advisory A/S has entered into a strategic partnership with its US counterpart, CrossingBridge Advisors.  While both firms will maintain focus on their existing investment strategies, the partnership aims to facilitate knowledge sharing, best practices, and competence development. Additionally, the strategic partnership paves the way for joint strategies and credit funds.

“The strategic partnership is based on a shared vision to become even stronger in the highly attractive Nordic debt market,” states David Sherman, founder and CEO of CrossingBridge. “Our mission includes specific debt investment strategies and expansion plans to offer even more appealing solutions to our investors in the US, Europe, and the Nordics.” Jørgen Beuchert, who has dedicated 16 years of his 45-year career to investing in higher-yielding debt at NCI Advisory, says that “our partnership establishes a strong foundation for growth and opens opportunities for additional debt investment strategies.” 

David Sherman, founder and CEO of CrossingBridge.

Beuchert and his team at NCI Advisory “continue to see attractive opportunities within our existing strategies as well as opportunities to implement new joint strategies and credit funds in the future.” Beuchert goes on to emphasize that “our close cooperation will enhance knowledge sharing, best practice, and competence development,” highlighting the partnership’s broader impact on career growth opportunities for professionals at both firms.

“Our partnership establishes a strong foundation for growth and opens opportunities for additional debt investment strategies.” 

Jørgen Beuchert, founder and CEO of NCI Advisory.

Managing Nordic Corporate Investments (NCI) since 2008 and NCI Credit Opportunity Fund (NCIC) since 2020, Beuchert has been targeting returns exceeding ten percent by focusing on the primary and secondary Nordic high-yield bonds and direct loans market. NCI Advisory currently oversees about €100 million in assets under management. Meanwhile, CrossingBridge Advisors manages over $2.9 billion across several investment strategies, including ultra-short duration, low duration high yield, responsible credit, and special purpose acquisition companies (SPACs).

“This strategic partnership marks a significant milestone in NCI Advisory’s growth and expansion plans,” concludes Jørgen Beuchert of NCI Advisory. “CrossingBridge brings a wealth of expertise, which complements NCI Advisory’s 16-year track record of delivering attractive returns across more than 100 exits.” David Sherman of CrossingBridge adds, “We see this strategic partnership as key to our ambition to become a leading Nordic high-yield asset manager.”

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Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

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