Stark Seeks $300 Million For New Mortgage Fund

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.


In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of