Whitebox rolls out an opportunistic event-focused fund
By Suzy Kenly Waite
Wed May 19, 2010
The $2.8 billion Minneapolis firm has launched a new fund with $100 million to exploit dislocations in commercial and residential mortgages.
Whitebox Advisors, the $2.8 billion Minneapolis-based hedge
fund firm, has launched an opportunistic event-focused
strategy. The Whitebox Asymmetric Opportunity Fund rolled out
on April 1 with $100 million, and the firm hopes to raise its
assets to $500 million, at which point it will have a
soft-close. Paul Twitchell manages the strategy in the
firm’s Austin, Texas office.
The Asymmetric fund will focus on exploiting dislocations in
commercial and residential mortgages, mortgage-related
securities, interest rate sensitive securities, and other
ISSN: 2151-1845 / CDC10004H
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