The US family office for Belgian royal family Caraman-Chimay is launching two credit opportunity funds next month with the anticipation that the market has sufficiently ripened for senior secured debt and long-short credit.

Jason Colodne and Jason Beckman, who joined Chimay Capital Management last June, formed Colbeck Capital Management as a standalone fund structure soon after they started. The funds were initially slated to be launched in the second half of last year.