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

Change In 'Accredited Investor' Definition Could Hurt Crowdfunding Space

Jul 25 2014 | 8:14am ET

The Securities and Exchange Commission is considering changes to its 30-year-old...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    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…

Publisher's Note