Bracco Asset Management

Bracco Asset Management, LP is an SEC‑registered investment adviser that provides discretionary portfolio management to private pooled investment vehicles offered to accredited investors and qualified purchasers. The firm currently manages the Bracco Credit Opportunity Master Fund LP, Bracco Credit Opportunity Fund LP (onshore), Bracco Credit Opportunity Offshore Fund Ltd., and the Bracco Loan Opportunity Fund LP and does not tailor advisory services to individual investors.

The Brochure describes a credit‑focused investment program that seeks multiple return streams in public credit markets through active asset allocation, rigorous long and short security selection and hedging. The BCOF Funds concentrate on bank loans, high‑yield and investment‑grade bonds and may use derivatives (including CDX, interest‑rate futures and swaps, options and single‑name CDS), while the BLOF Fund targets income and principal preservation primarily via broadly syndicated, senior secured first‑lien floating‑rate loans and may invest through special purpose or trading vehicles.

Distinctive aspects noted in the Brochure include operation of the Funds under the CFTC Rule 4.13(a)(3) de minimis exemption, which limits commodity interest trading and can necessitate substitute instruments or different hedging approaches. The firm’s materials also disclose use of predecessor performance in marketing and the availability of performance‑based incentive allocations, each of which can affect the economics and potential conflicts across funds.