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.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...