Monday, 30 November 2015
Last updated 2 days ago
Apr 4 2012 | 2:24am ET
Stark Investments has launched a new mortgage hedge fund.
The St. Francis, Minn.-based firm on Monday said it has raised $39.5 million for its new Mortgage Opportunities fund. It is Stark's first new fund of the year.
According to a source close to the firm, Stark expects the fund to garner $100 million by the middle of this month, and hopes to raise between $200 million and $300 million total.
Michael Roth is the lead manager for the fund, according to the Securities and Exchange Commission filing.
Mortgage Opportunities has a minimum investment requirement of $5 million.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…