Ex-Deutsche Bank Trader’s Hedge Fund Has No Trouble Hitting Fundraising Target

Mar 24 2014 | 2:12pm ET

Investors have flocked to a new hedge fund planned by a former Deutsche Bank trader.

Hollis Park Partners has won $225 million in commitments—$25 million more than its initial target, HFMWeek reports. The New York-based firm has decided to close to new investment as a result, albeit temporarily.

Hollis Park was founded by former Deutsche Bank mortgage trader Troy Dixon and is set to launch its first fund in July. The fund will focus on structured mortgage finance.

Most of the investors in Hollis Park’s founders share class are institutional. Those investors will have the opportunity to double their investment as part of a new share class with undetermined fees once the fund reopens.

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Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…