Algebris credit hedge fund targets stressed debt opportunities, as winners and losers emerge from Covid-19 lockdown Submitted By Hugh Leask | 02/06/2020 - 1:11pm Algebris Investments, a London-based multi-strategy credit and equities-focused hedge fund manager, is staking out alpha opportunities across a range of stressed credits which stand to gain from a resumption in activity post-lockdown. While government support has sent indices and investment grade assets soaring, high yield and off-benchmark assets remain dislocated, underpricing the potential for a recovery, said portfolio manager Alberto Gallo, Algebris’ head of macro strategies.