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Asset-Backed Fund
(redirected from Asset Backed Fund)

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Asset-Backed Fund
A mutual fund that invests in real estate, equipment, stocks and other tangible assets. The advantage to an asset-backed fund is the fact that the assets behind it have liquidation value (that is, if a company fails, one can sell the company's equipment or real estate to cover a portion of the investment). Funds that invest in bonds and other debt securities do not necessarily have this advantage.


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Most recently, he was a Director and Head of Asset Management for JPS Capital Partners, LLC, a sub-manager for the NYC-based Stillwater Asset Backed Fund LP.
The Stillwater Asset Backed Fund was ranked by HedgeFund.
The following 21 funds were added to the Credit Suisse/Tremont Hedge Fund Index on October 1, 2008: Aristeia, Waterstone Market Neutral Master Fund, Ltd, Vision Emerging Asset Backed Fund Four SPC, RP Explorer Master Fund, Finisterre Global Opportunity Fund, Everest Capital China Opportunity L.
 
 
 
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