Thursday, 24 July 2014
Last updated 12 hours ago
Oct 3 2011 | 12:58pm ET
Structured Portfolio Management, which enjoyed big returns in its flagship in 2009 and last year, has launched a new fund.
The mortgage specialist opened the new vehicle on Sept. 16, HedgeFund.net reports. The Stamford, Conn.-based firm, headed by Don Brownstein, raised $125 million for the launch.
SPM plans to keep the fund open to investors for more than a year.
The firm, which currently manages about $2 billion, was named the best-performing hedge fund with at least $1 billion in assets by Bloomberg Markets for last year.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…