Progressive Capital Partners is pleased to announce the evolution of the former POF Signum strategy into the newly launched Progressive Opportunity Fund (POF) DIKE.

With POF DIKE, we build on the successful foundation of Signum while sharpening the focus:
POF DIKE concentrates on the most attractive and liquid strategies previously implemented within the Signum framework — strategies in which our team has long-standing expertise and a strong, proven track record.

POF DIKE at a glance

• Specialization: Actively managed special situations fund capturing opportunistic investments with highly asymmetric risk/reward profiles.
• Investment focus: Litigation-driven and regulatory arbitrage, spin-offs, post-reorganizations, distressed credit, and other niche opportunities.
• Portfolio structure: Concentrated portfolio of 15–25 carefully selected investments.
• Return target: 3M SOFR + 750bps with expected volatility of 5–7%, offering quarterly liquidity.
• Strengths: Over 40 years of combined experience in special situations, strong risk/reward orientation, and a boutique investment approach with high partner commitment and alignment

Why POF DIKE?

POF DIKE represents a dedicated vehicle for investors seeking institutional-quality access to a unique asset class that remains largely unaffected by the traditional business cycle. By exploiting market inefficiencies, the fund aims to deliver attractive, non-correlated returns in an increasingly complex environment.

While POF Signum was an important milestone, the demand for accessing some of the most skewed risk/reward profiles in the investment universe in a more liquid fashion led to this evolution: POF DIKE marks the next chapter and a significant step forward in our strategy to deliver excellence in alternative investments.