The Wisconsin firm hopes to raise $100 million for new strategy by end of April.
|Stark senior PM Donald Bobbs|
The Stark Mortgage Opportunities Fund is already trading with approximately $40 million, and hopes to reach $100 million by the end of April, according to a person familiar with the firm. Its mandate includes U.S. and foreign residential and commercial mortgage-backed securities as well as related derivatives. Several other managers have been marketing similar products in recent months, including Angelo, Gordon &