Tilden Park up nearly 20% this year on mortgage bets
By Simone Foxman
Wed Dec 4, 2013
Josh Birnbaum’s real estate focus remains golden.
Former Goldman Sachs mortgage maven Josh
Birnbaum’s Tilden Park Capital Management
continues to profit heavily from its bets on housing. The
firm’s $1.3 billion flagship multistrategy fund
was up 1.98% in October, according to a recent letter to
investors, bring its year-to-date return to 18.94%. That
compares with a 7.09% rise through October of the Absolute
Return Mortgage Backed Securities Index....
ISSN: 2151-1845 / CDC10004H
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