FrontPoint hires managers to launch ABS Fund
Fri Jan 11, 2008
FrontPoint Partners has hired an investment team from
mortgage investment company C-Bass to launch an asset-backed
securities (ABS) strategy in the first half of the year. The
firm aims to raise at least $500 million in assets for the
The new long/short ABS fund will focus on residential
mortgage credit, especially distressed subprime and alt-A
mortgage opportunities in the near term. The fund will invest
in a diverse range...
ISSN: 2151-1845 / CDC10004H
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