Added to YB: 2026-03-24
Pitch date: 2026-03-20
FAIR.L [neutral]
Fair Oaks Income Limited
Author Info
The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.
Company Info
Fair Oaks Income Limited is a feeder fund launched and managed by Fair Oaks Capital Limited. The fund invests its entire corpus in FOIF II LP and FOMC III LP.
FAIR Euro-nough
FAIR.L (update): Pivoting from USD-hedged CLO equity (17.8% yield) to Euro mezzanine debt. Dividend slashed 45% to 1 EUR cent/qtr (~4.3 US cents) but targeting 12.5% total return (base+bonus). Consolidating 1-for-10 to exit penny stock status. Ramping Euro warehouse at 94.4c loan prices post-Iran strike. Cash OC cushion 4.27%, weaponizing cash for fire sale reinvestment. 10x leverage amplifies NAV upside when deploying at discounts.
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