Monday, 27 June 2016
Last updated 18 min ago
Aug 17 2011 | 12:50am ET
Fund of hedge funds are showing Deer Park Road the money, pushing the Colorado hedge fund above $100 million in assets under management.
Deer Park’s STS Partners Fund has won several recent $10 million investments from U.S. funds of funds, HFMWeek reports. The firm can now also boast its first British-based fund of funds.
The allocations leave Deer Park with an investor base that is 15% fund of funds, 35% family office and high-net worth individual, and 50% internal capital.
STS Partners is up 13.6% this year.