Thursday, 23 February 2017
Last updated 20 min ago
Nov 4 2013 | 9:55am ET
London-based WyeTree Asset Management, a residential mortgage specialist seeded by SkyBridge Capital, has launched a new fund focused on the European RMBS market.
Launched as an Irish Qualified Investor fund in September, the WyeTree European Recovery Fund is the latest addition to the firm's established Irish master/feeder structure.
Managed by WyeTree’s London-based team, led by CEO Judith Sciamma, and targeting a 15% annualized return, the fund will employ WyeTree’s model-based analysis and research techniques.
WyeTree will use Carne Global Fund Services Limited to meet local substance requirements with Carne principal Yvonne Connolly acting as an independent director on the fund’s board.
WyeTree has over $400 million in assets under management.