Black Card Reaches Target Two Weeks After Launch

Oct 17 2006 | 8:09am ET

Black Card Investments is closing its Private Equity Mortgage Fund with $150 million just two weeks after opening to investors, a source close to the fund says. The fund, which launched on Oct. 1 (FINalternatives 9/22), is a hybrid venture capital/private equity vehicle specializing in commercial property investments and brokerage. The fund is also allocating around 20% of its portfolio to a New York-based hedge fund.

The fund is being managed out of Dubai by Adam Antoszewski. According to the source, the bulk of the new investors are Chinese institutions.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...