Florida Firm Launches Asset-Backed Fixed-Income Fund

Jan 18 2007 | 12:08pm ET

Boca Raton, Fla.-based Logan Equity Partners has recently launched an asset-backed fixed-income hedge fund. The new vehicle, the Logan Asset Backed Fund, uses a conservative valuation strategy to make asset backed loans and targets returns with extremely low volatility and a minimal correlation to the U.S. equity, fixed-income and real estate markets.

"Our time-proven approach employs a disciplined investment philosophy of underwriting short-term real estate loans with very low loan-to-value-ratios," said Scott Blick, portfolio manager.

The fund is domiciled in the U.S. and charges a 1% management fee and a 20% incentive fee. The minimum investment is $250,000.

Logan Equity Partners specializes in low volatility alternative investment strategies, including managing hedge funds focusing on asset backed investment strategies.


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