ASA Distressed

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Fotografia de Emerson Dantas

Emerson Dantas

Head | ASA Distressed

Emerson Dantas is a lawyer, with a postgraduate degree in business management from FGV. With more than 20 years of experience in the areas of litigation and distressed asset management, he worked at Banco Safra and Recovery BTG Pactual. At ASA Investments, he is responsible for ASA Distressed, a credit rights investment fund focused on managing distressed assets.

Fund's Objective

ASA Distressed aims to achieve a long-term return of CDI (i.e. Brazilian interbank rate) +20% through the acquisition of distressed credits originating in the corporate or financial market, linked to public or private entities. The fund utilizes systematic analysis of the credits acquired, together with an efficient recovery and negotiation strategy.

Performance History

  • Fund
  • CDI

Performance ASA Distressed

Reference Date: 10/18/2024

  Fund CDI % CDI
Day 0,00% 0,04% 7,00%
Month -0,04% 0,52% -
Year 17,40% 8,55% 203,00%
12 Months 30,90% 11,05% 280,00%
24 Months 53,67% 25,99% 207,00%
36 Months      
48 Months      
60 Months      
Since Inception 57,22% 38,15% 150,00%

Targeted Assets

NON-PERFORMING LOANS
PORTFOLIO OF ASSETS ACQUIRED FROM CREDITORS WITH HIGH RECOVERY POTENTIAL, SUPPORTED BY THOROUGH PROPRIETARY ANALYSIS.

DEBT RESTRUCTURINGS
PURCHASE OF RESTRUCTURED LOANS FROM CREDITORS.

LABOR LITIGATION CREDITS
ACQUISITION OF RECEIVABLES THAT ORIGINATED FROM LEGAL ACTIONS TAKEN BY WORKERS AGAINST THEIR EMPLOYERS.

"PRECATÓRIOS"
ACQUISITION OF REVEIVABLES AGAINST PUBLIC ENTITIES THAT ORIGINATED THROUGH LITIGATION.

Investments process

1. Pricing And Acquisition Of Assets

  • Research for qualified Credit assets for acquisition.
  • Preliminary analysis and pricing for purchase proposal.
  • The management's executive committee authorizes the Investment.
  • Institutional Relations
  • Pricing
  • Investment Comittee

2. Systematic analysis and action plan

  • Negotiation, dealing, formalization, and transfer payment.
  • Extensive investigative research.
  • Structuring of legal rationale for the distribution of appropriate measures.
  • Institutional Relations and Back Office
  • Asset Research

3. Recovery strategy

  • Hiring of an External Office and filing of legal measures.
  • With favorable decisions obtained, seek credit recovery through negotiation.
  • Portfolio Management
  • External Office

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