December 22, 2006
Steady Returns From Stillwater's Hedge, FOFs
According to recent reports, New York-based Stillwater Capital Partners’ hedge fund and fund of funds are having another strong year. Through November, the firm’s hedge fund, The Stillwater Asset Backed Fund, is up 10.16% net, its asset-backed fund of funds, The Stillwater New Finance Fund, is up 10.41% net, and its flagship multi-strategy fund of funds, The Stillwater Advantage-20 Fund, is up 12.75% net. Finalalternatives.com reports:
“Focusing on the asset-backed lending space enables us to produce the lower volatility, steadier return pattern our clients are looking for. This is truly a market-neutral strategy that can generate absolute returns, especially with the asset-backed lending where you’re making loans and the interest from those loans end up being the returns to investors,” said Jonathan Kanterman, managing director.
Read more: Stillwater's Hedge, FOFs Make Steady Returns
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