Garrison Investment Group Raises $69 Million For New Hedge Fund

Nov 10 2010 | 10:38am ET

New York-based Garrison Investment Group has raised $68.5 million for a new hedge fund, Brian Chase, chief financial officer for Garrison, confirmed for FINalternatives.

The vehicle, the Garrison Opportunity Fund II, is registered in the Cayman Islands and may raise up to $500 million, according to regulatory filings. Its predecessor fund,  the Garrison Opportunity Fund, is structured as a private equity vehicle and has approximately $500 million in assets.

The $68.5 million for the new fund comes from 11 investors, according to regulatory filings.

Garrison specializes in credit and asset-based investments. Its team of 35 professionals sources and executes transactions across corporate, real estate and financial assets. Garrison Investment Group invests predominantly in loans, securities and asset purchases, and “is actively investing in the current market environment,” according to its Web site.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

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

Star Mountain Capital: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of