UCM Partners' Midas Fund Marks Its One Year Anniversary With $25 Million Of Assets Under Management
- UCM MIDAS Fund Generates 13.84% Net Return since Inception (April 1, 2011 – March 31, 2012)
NEW YORK, April 23, 2012 /PRNewswire/ -- On April 1st UCM Partners, a private, minority-owned fixed income investment manager with more than $1 billion in assets under management, marked the one year anniversary of the UCM MIDAS Fund ("Fund"). The Fund currently has over $25 million in assets under management. UCM MIDAS seeks to exploit ongoing inefficiencies and dislocation in the structured credit markets with the objectives of: 1) maximizing risk-adjusted total return; 2) preserving capital; and 3) maintaining ample near-term liquidity.
The Fund, which is open-ended and accepts monthly purchases, invests in RMBS, CMBS and ABS across the capital structure and credit quality spectra and is managed by UCM Partners' Chief Investment Officer, Jay Menozzi, CFA and Portfolio Managers Boris Peresechensky, CFA and Vesta Marks, CFA. The investment team combines rigorous quantitative analysis, including bottom-up, loan-level credit analysis and structural stress-testing with qualitative analysis leveraging the team's 20+ year experience in the structured credit market.
"Our deep experience in the structured credit market allows us to identify potentially misunderstood and mispriced securities offering a compelling risk/reward asymmetry, while employing hedging strategies to manage interest rate, credit spread and other risks," says CIO, Jay Menozzi.
About UCM Partners
Founded in 1992, UCM Partners is an MBE certified and SEC registered investment advisor specializing in structured credit securities. UCM currently manages more than $1.0 billion of assets and offers a wide array of investment solutions for institutional and wealth management investors, ranging from index-based to absolute return and hedge fund strategies. UCM's track record in dedicated structured credit portfolio management extends over 10 years. Headquartered in New York City, the firm also has offices in Orlando and Philadelphia. For more information, please visit www.ucmpartners.com.
Contact:
Dana Reed
+1-212-612-9101
dreed@ucmpartners.com
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