Deer Park Road Management
1195 Bangtail WaySteamboat Springs, CO 80487
Website: deerparkrd.com
Firm Size
- Assets Under Management (AUM):$3.4 Billion
- Number of Funds:4
- Employees:32
- Firm Type:Hedge Fund
Description
Deer Park Road Management Company, LP is an investment management firm based in Steamboat Springs, Colorado. The company specializes in fixed income and distressed debt strategies. They aim to generate attractive risk-adjusted returns by investing primarily in lower-rated and distressed debt securities, mortgage-backed securities, and other structured credit instruments. Deer Park Road Management Company was founded in 2004 by Michael Craig, the firm's Managing Partner and Portfolio Manager. With a team of experienced professionals, the firm follows a research-intensive approach to identify mispriced and undervalued securities. They conduct thorough analysis of individual companies and industries to make informed investment decisions. The company's flagship fund is the STS Partners Fund, an actively managed strategy that targets investments in undervalued structured credit securities. In addition to the STS Partners Fund, the firm also manages several other strategies, including separately managed accounts and a distressed credit fund. Deer Park Road Management Company has established a disciplined and rigorous investment process, focusing on risk management and capital preservation. Their strategies are designed to perform across market cycles and take advantage of opportunities in distressed credit markets. They actively manage the portfolio and frequently adjust positions based on market conditions. The firm has gained recognition in the investment management industry for its successful track record in distressed credit investing. Deer Park Road Management Company continues to strive for excellence and deliver superior risk-adjusted returns for its clients through a disciplined and research-driven investment approach.Latest News
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May 13, 2024: Deer Park Road Announces the Successful Launch of the Deer Park Mortgage Opportunity Fund I and Extends Offering Period
Deer Park Road Management Company, LP ("Deer Park"), an investment management company with dedicated expertise in the structured credit markets, today announced an extension of the Offering Period of Deer Park Mortgage Opportunity Fund I (the "Fund") to July 1, 2024 . The Fund was launched on January 1, 2024 , as a closed-end fund with a targeted focus on sourcing opportunistic investments in residential mortgage-backed securities ("RMBS"), with the goal of realizing long-term capital appreciation and cash flow from these structured credit investments.
Nov 01, 2023: Deer Park Road Launches Deer Park Mortgage Opportunity Fund I Focused on Legacy, Non-Agency RMBS
Deer Park Road Management Company, LP ("Deer Park"), a leading portfolio management company with dedicated expertise in structured credit markets, today announced the launch of a closed-end fund focused on legacy, non-agency residential mortgage-backed securities ("RMBS"), Deer Park Mortgage Opportunity Fund I (the "Fund"). The Fund will invest in RMBS with the principal objective of realizing long-term capital appreciation and cash flow from its investments, while also seeking to provide access to the current trade opportunities in the structured credit market.