Wed, Sep 24, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Savile Finance’s two funds maintain positive performance

Monday, July 23, 2012

Precy Dumlao, Opalesque Asia: Two Savile Finance Group’s funds closed the month of June up with their Bermuda-based Savile Opportunity Fund International up +1.04% last month (+4.69% YTD), and the U.S.-based Savile Opportunity Fund up +1.12% over the same period (+4.62% YTD).

Since their inception in 2006 and 2007 the programs have always been positive on an annual basis, the company said in a statement. The Savile Opportunity Fund International and Savile Opportunity Fund are currently featured in Opalesque A SQUARE DB.

Background Savile makes direct loans to small and medium enterprises (SME’s) in the United States and select countries in Latin America, secured by inventory, receivables and other assets of the borrowers. Key to Savile’s approach is combining its broad origination network with a robust proprietary credit analysis, risk control and servicing platform.

SOF is a direct lending fund which predominantly invests in transactions secured and backed by liquid short-term assets. SFG’s investment strategy is at its core a credit arbitrage of taking the credit risk of a large account debtor while charging a higher rate to the small clients who have restricted acces......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Outlook - Julian Robertson: There are two bubbles that can bite us[more]

    From Businessinsider.com: Legendary hedge fund manager Julian Robertson gave a warning about two bubbles that could "bite us" at Bloomberg Market's Most Influential Summit. "I agree with the fact that the economy is definitely getting better. I think the cause of that is two bubbles that will

  3. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  4. Institutions - North Carolina workers call on state pension to dump up to $6bn in hedge funds, UK pension fund criticizes hedge fund fees[more]

    North Carolina workers call on state pension to dump up to $6bn in hedge funds From Forbes.com: The State Employees Association of North Carolina this afternoon called on state Treasurer Janet Cowell to withdraw all investments in hedge funds, which appear to amount to approximately $6 b

  5. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e