Full Circle Goes Offshore With Second ABL Hedge Fund

Jan 15 2008 | 10:41am ET

Stamford, Conn.-based Full Circle Funding this month launched the Full Circle Fund, an offshore version of its 15-month old domestic asset-based lending fund, Full Circle Partners. The offshore offering was seeded with approximately $15 million.

Both funds focus on buying senior secured loans of issuers where collateral and risk adjusted loan-to-value ratios are available. Similar to the domestic fund, the offshore fund will primarily focus on media and communications companies with loan sizes typically in the $3 million to $25 million range.

The firm’s domestic fund returned approximately 14.67% in 2007.


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...

 

From the current issue of