OakRun Capital LLC
OakRun Capital LLC | Hedge Fund Notes
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Resource #1: (12.9.08) Hedge fund manager OakRun Capital announced the appointment of Rolando Hermoso as director of funds. Their newly launched Short Term High Yield Fund also delivered November annualized yield of 9.58%
Hermoso has over 27 years in the investment banking industry at various senior executive levels specializes primarily in the structuring, marketing and the execution of structured finance products. With 10 years at the Bank of America he was also Head of the Investment Bank for Citicorp for Venezuela and the Antilles. He holds Masters degrees in Management and Operations Research from Stanford University and B.S. degrees in applied mathematics and physics. source
Resource #1: (11.17.08) OakRun Capital LLC announced the launch of a receivables refactoring fund, the 'Short Term High Yield Fund'.
The Cayman Islands exempted fund launched on October 1st and came in at 9.48% annualized in its first month. The fund's objective is to generate above average current income with a lower overall credit risk profile and maintain a stable NAV.
"We do not believe that simply managing for relative performance is satisfactory to our clients or ourselves." says Scott Rhodenizer, Founder, CEO, and Chief Investment Officer, "While we work to outperform the markets, we strive to do so without excessive risk."
Source: Thank you to Hedge Fund Weblog for the resource.