Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.
Tuesday, 6 December 2016
Last updated 7 hours 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.