On the back of stellar returns this year, Lahde Capital Management is launching a new fund that will extend the firm’s enormously profitable subprime mortgage thesis to the commercial real estate market.
Lahde began trading its first hedge fund in November 2006. Through June, Class A shares of Lahde U.S. Residential Real Estate Hedge had netted 85.78%, largely by shorting ABX indices, which track the performance of credit-default swaps...