Friday, 29 August 2014
Last updated 8 hours ago
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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...