Sunday, 26 April 2015
Last updated 1 day 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…