NEW YORK, April 30, 2014 /PRNewswire/ -- The Semper MIDAS Fund (Fund), a private open-ended fund, marked its three year anniversary on April 1, 2014. The Fund, which has an absolute return mandate and invests primarily in non-agency residential and commercial mortgage-backed securities (RMBS or CMBS), is approximately $150 million with institutional, family office, and high net worth investors.
About Semper Capital Management, L.P. Semper Capital is an independent investment management firm specializing in residential and commercial mortgage-backed securities. Semper offers institutional and high net worth investors access to multiple mortgage-centric investment platforms, ranging from private absolute return to public index-based strategies. Semper is Minority Business Enterprise (MBE) certified and has been an SEC-registered investment advisor since 1992. For more information, visit www.sempercap.com.
The information contained herein regarding the Fund managed by Semper Capital Management has been prepared solely for informational purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any limited partnership interests or shares in any fund or to participate in any trading strategy. If any offer of limited partnership interests or shares is made, it shall be pursuant to a definitive Private Placement Memorandum ("PPM") prepared by or on behalf of the Fund and contains material information not contained herein. Any decision to invest in limited partnership interests or shares described herein should be made after reviewing the definitive PPM for the Fund, conducting such investigations as the investor deems necessary and consulting the investor's own investment, legal, accounting and tax advisors in order to make an independent determination of the suitability and consequence of an investment in the Fund.
Hedge fund investing is speculative and may involve substantial investment, liquidity, derivative, and other risks described in the PPM. Hedge funds can use leverage and their performance results can be volatile. Hedge funds are not subject to the same regulatory requirements as mutual funds and are not required to provide periodic pricing or valuation information to investors. There is no secondary market for interests in the Fund nor is one expected to develop. The Fund's fees and expenses may offset the Fund's profits. An investor could lose all or a substantial amount of his or her investment.