Structured Portfolio Management (SPM) has floated a new scheme with an initial investment of $125 million, Hedge Fund Net reports. The fund was officially rolled out on September 16. The fixed income hedge fund firm plans to keep the fund open to investors for over a year. The Stamford, Connecticut-based firm has some $2 billion in assets under management and its investment strategy revolves around mortgage trading.
Click here for the story from Hedge Fund Net.
Click here for additional coverage from Citybizlist.
Connecticut Hedge Fund Net