{"id":34772,"date":"2013-04-04T12:02:50","date_gmt":"2013-04-04T16:02:50","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=34772"},"modified":"2013-04-04T12:09:37","modified_gmt":"2013-04-04T16:09:37","slug":"deer-park-launches-a-new-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2013\/deer-park-launches-a-new-hedge-fund.html","title":{"rendered":"Deer Park Launches A New Hedge Fund"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/11\/launch1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright  wp-image-25763\" alt=\"launch1\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/11\/launch1.jpg\" width=\"319\" height=\"242\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2011\/11\/launch1.jpg 532w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2011\/11\/launch1-300x227.jpg 300w\" sizes=\"auto, (max-width: 319px) 100vw, 319px\" \/><\/a>New York (HedgeCo.Net) &#8211; Deer Park Road Corp. is launching a new mortgage\/asset-backed hedge fund, Burgess Creek Fund, after closing its flagship fund, STS Partners Fund, with $750 million currently under management.<\/p>\n<p>The new fund\u2019s strategy will be similar to what Deer Park has been successfully using for a separate account that it has been running for a large institutional investor with $170 million currently under management.<\/p>\n<p>\u201cWhen we started running this strategy as a separate account for one of our investors it was a natural extension for us since it took advantage of the deal flow, systems and portfolio management process that we were already using to manage STS Partners Fund\u201d, said Michael Craig-Scheckman, Portfolio Manager and owner of the firm. \u201cSince that time we have produced good results and had a number of investors express a strong interest in this strategy, so we decided to move ahead with the launch of Burgess Creek Fund\u201d.<\/p>\n<p>The firm manages almost $1 billion in several portfolios for investors.<\/p>\n<p>Alex Akesson<br \/>\nEditor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\/\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">Hedge Funds<\/a>!<br \/>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; Deer Park Road Corp. is launching a new mortgage\/asset-backed hedge fund, Burgess Creek Fund, after closing its flagship fund, STS Partners Fund, with $750 million currently under management. The new fund\u2019s strategy will be similar to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,3],"tags":[],"class_list":["post-34772","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-launches","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34772","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=34772"}],"version-history":[{"count":6,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34772\/revisions"}],"predecessor-version":[{"id":34777,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/34772\/revisions\/34777"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=34772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=34772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=34772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}