Friday, 22 May 2015
Last updated 2 hours ago
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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…