Greg Lippmann’s LibreMax crosses $1 billion
February 07, 2012
The founder’s fame and steady returns have propelled fundraising.
LibreMax Capital, the housing-focused credit hedge fund firm launched by Deutsche Bank subprime star Greg Lippmann, has reached nearly $1.1 billion in assets following February 1 subscriptions of about $100 million, according to an investor. The firm now employs 20, up from an initial staff of 12.
Flagship LibreMax Partners...
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