Chenavari Toro Income Fund Limited is a Guernsey-based closed-ended investment company. The investment objective of the Company is to deliver an absolute return from investing and trading in asset backed securities (ABS) and other structured credit investments in liquid markets and investing directly or indirectly in asset backed transactions including, without limitation, through the origination of credit portfolios. It invests or trades opportunistically in primary and secondary market asset backed securities and other structured credit investments, including private asset backed finance investments. It invests in transactions on a buy-to-hold basis, via a variety of means, including, without limitation, warehouse credit facilities that can originate credits that may be refinanced in structured credit markets, as well as other financing opportunities. It also invests in originators. Carne Global AIFM Solutions (C.I.) Limited acts as the Company’s alternative investment fund manager.