Brownstone hits $500 million, offers monthly liquidity
Mon Sep 14, 2009
The firm, which had offered quarterly liquidity upon 45 days' notice, is now offering monthly liquidity, also upon 45 days' notice, with a 3% penalty
Brownstone Asset Management is enjoying a couple of
milestones: The firm recently passed its five-year anniversary
and today announced that it has reached $500 million in assets.
The flagship Brownstone Partners Catalyst fund, which operates
a long/short credit strategy, gained 4.63% through August,
continuing the steady performance that earned it acclaim in
TAKE A FREE TRIAL
The full contents of this article are available to Absolute Return subscribers and trialists only.
To continue reading please, take a free trial, subscribe or log in.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.