Fund Set Up To Buy Illiquid Hedge Fund Stakes Finds Plenty Of Opportunities

As ValueWalk reported back in February, earlier this year Andrew Lawrence set out to raise $250 million to $500 million for a fund that will buy stakes in hedge funds that have suspended redemptions. Rosebrook Capital Partners, as the fund is called, has now started trading and according to a recent letter to investors, Mr. Lawrence, and his team are spoilt for choice when it comes to finding illiquid hedge fund interests. According to Rosebrook’s research, there was $625 million of illiquid hedge fund investment supply as of June 1, 2016. Interests are available in funds across the spectrum such…