Bringing you live news and features since 2006 

Money stack

Belstar closes funds specialising in TALF credit opportunities

RELATED TOPICS​

Belstar Group, a private investment firm specialising in alternative investment strategies, has closed the Belstar Credit Fund and Belstar SJ Credit Fund.

The combined funds closed with over USD280m.

Initially launched in March 2009, the funds have participated in both the ABS and CMBS portions of the Term Asset-Backed Securities Loan Facility administered by the Federal Reserve.

The funds are designed to achieve attractive returns by investing in a portfolio of highly rated asset-backed and commercial mortgage-backed securities eligible to be financed through the TALF programme.

Simina Farcasiu, a managing partner of the Belstar Group, is the senior portfolio manager for the funds. She has more than 20 years of fixed income and structured product experience, having held senior positions at JP Morgan Asset Management and Bear Stearns.

Farcasiu works with Jeffrey Moses, a partner of the Belstar Group and director of research and analytics at the firm. Moses was formerly a managing director at HSBC Securities responsible for the Americas securitization business.

TALF is a Federal Reserve credit facility that is designed to increase credit availability and support economic activity by facilitating renewed issuance of ABS and CMBS collateralized by consumer, commercial and small business loans.

Latest News

BlackRock’s global ETP flows report for June finds a steady rise with USD128.1 billion added to global ETPs in June,..
Morningstar’s global ETF flows report for the first half of 2024 shows that actively managed ETFs have captured 25 per..
The surge in bitcoin ETF launches and funds flowing into the sector is transforming institutional investment in digital assets but..
LSEG Lipper’s latest research finds that the majority of actively managed funds and ETFs globally were not able to beat..

Related Articles

Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Andrea Busi, Directa SIM
Romain Thomas talks to Andrea Busi (pictured), CEO of Directa SIM, who explains why the online trading platform has just...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by