Colorado Hedgie Unveils Offshore Vehicle

Jun 1 2010 | 11:51am ET

Colorado-based hedge fund firm Dear Park Road has unveiled an offshore version of its existing  fund.

The new vehicle, Ski Times Square Ltd., was unveiled April 1 and is a master-feeder structure that invests primarily in residential mortgage asset backed securities, as well as other distressed debt including, such as bonds backed by student loans, according to HFM Week.

The new offshore vehicle has a minimum investment requirement of $1 million and offers quarterly liquidity. Wells Fargo serves as its custodian, Stone Coast as its administrator and Rothstein Kass as its auditor.

Deer Park Road Corporation—which owns the hedge fund firm—is a privately owned registered investment advisor that was founded  in 2003. The firm is a multi-fund investment manager  focused exclusively on investing in distressed real estate and asset backed fixed-income securities for both high net worth individuals and institutional investors.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of