Garrison Investment Group Raises $69 Million For New Hedge Fund

Nov 10 2010 | 9:38am 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

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...