Minnesota credit fund receives Trammell Crow backing
By Suzy Kenly Waite
Wed May 12, 2010
Providence Capital, a Minneapolis-based hedge fund firm, has launched a corporate restructuring strategy with backing from the Trammell Crow family office.
Dallas's Crow Holdings, scions of the Trammell Crow
real estate empire, has seeded a new fund managed by Providence
Capital, a Minneapolis, Minn.-based hedge fund. The Providence
Credit Opportunity Fund launched in January and is co-managed
by founder Tom Schmidt and portfolio manager Greg Anderson,
both of whom formerly worked at EBF & Associates, a $1.5
billion distressed debt firm also based in Minneapolis.
Providence and Crow declined to...
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