Bandon Capital Management is a privately held, Portland, Oregon-based investment management firm concentrating on absolute return, long-short debt investment strategies. Unlike benchmark-oriented approaches, these strategies seek returns uncorrelated to broad financial markets – both high and low quality fixed income as well as equities. Bandon offers its alternative debt strategies in a convenient, liquid, transparent mutual fund format. On January 1, 2011, Bandon Capital Management launched its first mutual fund, Bandon Isolated Alpha Fixed Income Fund (BANIX).