Wednesday, 23 July 2014
Last updated 2 hours ago
Dec 11 2012 | 10:07am ET
WyeTree Asset Management, a London-based residential mortgage specialist seeded by SkyBridge Capital, has launched its latest fund as an Irish master/feeder structure.
The WyeTree Yield Distribution Fund, launched on December 7 using an Irish qualified investor fund structure, will be managed by a London-based team led by Judith Sciamma. The fund will invest in the mortgage-backed securities and real estate markets using WyeTree’s model-based analysis and research techniques. It will target an annual yield of 4-6% with low volatility.
Wyetree has enlisted the Carne Group, a global governance and oversight firm, to help structure the feeder company and a master unit trust. In addition, Yvonne Connolly, a Carne principal in Dublin, will serve as an independent director on the board of the feeder company.
Established in 2007, WyeTree launched its first fund in 2008 and now has $290 million in assets under management.
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…