Friday, 9 October 2015
Last updated 14 hours ago
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.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…