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

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...