{"id":31963,"date":"2012-10-16T12:33:14","date_gmt":"2012-10-16T16:33:14","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=31963"},"modified":"2012-10-16T12:33:14","modified_gmt":"2012-10-16T16:33:14","slug":"dimaios-mead-park-creating-loan-investing-venture-with-doral","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2012\/dimaios-mead-park-creating-loan-investing-venture-with-doral.html","title":{"rendered":"DiMaio\u2019s Mead Park Creating Loan-Investing Venture With Doral"},"content":{"rendered":"<p>Bloomberg &#8211; Mead Park Holdings LLC, the hedge fund led by former\u00a0Credit Suisse Group AG (CSGN)\u00a0trader Jack DiMaio, is creating a partnership with\u00a0Doral Financial Corp. (DRL)\u00a0to invest in junk-grade loans.<\/p>\n<p>The hedge fund will take a 75.1 percent stake in the venture, Redan Park Asset Management LLC, which will have $1.1 billion in assets, New York-based Mead Park said yesterday in an e-mailed statement. The assets include collateralized loan obligations, or CLOs, an investment vehicle that buys loans to companies with low credit grades and finances them by selling bonds, a portion of which are rated triple-A.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2012-10-15\/dimaio-s-mead-park-creating-loan-investing-venture-with-doral.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Mead Park Holdings LLC, the hedge fund led by former\u00a0Credit Suisse Group AG (CSGN)\u00a0trader Jack DiMaio, is creating a partnership with\u00a0Doral Financial Corp. (DRL)\u00a0to invest in junk-grade loans. The hedge fund will take a 75.1 percent stake in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-31963","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=31963"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31963\/revisions"}],"predecessor-version":[{"id":31964,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31963\/revisions\/31964"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=31963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=31963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=31963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}