About Semper Capital Management ®
Semper Capital Management, L.P. (Semper) is an independent investment management firm specializing in mortgage securities and other asset-backed investments. Semper offers institutional and high net worth investors access to multiple securitized debt-centric investment platforms. In addition to being investment advisor to registered '40 Act funds, Semper offers private absolute return and index-based funds and institutional separately managed accounts (SMAs) with both absolute return and index-based strategies. Semper is Minority Business Enterprise (MBE) certified and has been an Securities and Exchange Commission (SEC)-registered investment advisor since 1992. The Securities and Exchange Commission (SEC) does not approve or disapprove of any investment.
Semper seeks to exploit ongoing inefficiencies and dislocation in structured credit markets with the objectives of: 1) maximizing risk adjusted total return; 2) preserving capital; and 3) maintaining ample near-term liquidity. We invest in Residential Mortgage-Backed Securities (RMBS), Commercial Mortgage-Backed Securities (CMBS) and Asset-Backed Securities (ABS) across the capital structure and credit quality spectra. Our approach combines rigorous quantitative analysis, including bottom-up, loan-level credit analysis and structural stress-testing with thoughtful qualitative analysis, leveraging our team's over 20 years of experience in the marketplace. This enables identification of potentially misunderstood and mispriced securities offering compelling risk/reward asymmetry.
Senior Management Team
Chief Executive Officer
Tom Mandel, CFA
Co-Founder & Chief Investment Officer