Oracle Capital delivers strong returns


A year since its launch, Oracle Capital’s structured credit opportunity fund is approaching $50 million

in assets under management. The firm’s founding partners are optimistic that they will be able to secure more investments after delivering very strong returns.

Oracle Structured Credit Segregated Portfolio 2, its main open-ended fund, generated 22.36% net for the first five months of 2011. The fund was up 2.64% in May.

Co-founders Leon Hindle and Fredric Teng were formerly senior executives in Lehman Brothers’ Asian fixed income division. Hindle was a managing director and headed the structured credit and CDO group for the