Monday, 4 May 2015
Last updated 2 days 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.
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…