Bringing you live news and features since 2006 

Money stack

Belstar closes funds specialising in TALF credit opportunities


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

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Jigna Gibb, Bloomberg
Bloomberg Indices has recently hired Jigna Gibb as Head of Commodities and Crypto Index Products, to lead its commodities and...
Robert Minter, director of ETF investment strategy at abrdn takes a look at passive investing in commodities and shares his...
Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
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