Avoiding cheap trades and value traps Submitted 07/12/2020 - 2:25pm Torgos Credit Opportunities: Best Distressed Debt Hedge Fund – Torgos Credit Opportunities is a multi-pronged credit strategy seeking to invest across debt capital structures of corporate issuers primarily in North America and Europe. The strategy allocates capital on a bottom-up basis, seeking out deep value opportunities in three key areas: 1) hard and soft catalyst performing and non-performing corporate events; 2) senior secured loans with strong collateral coverage and credit fundamentals and 3) credit volatility, to protect against downside movement.