NEW YORK, May 17, 2016 /PRNewswire/ -- Semper Capital Management, a privately-owned New York-based boutique fixed-income investment manager, has announced the launch of an alternative asset strategy. Semper has begun making investments in the target assets and will officially launch the private, open-end commingled fund on June 1. The strategy is designed to take advantage of investment opportunities in structured credit resulting from post-crisis regulatory changes combined with disruptive technology.
"New, previously impossible products are being created as a result of big data and new connectivity, while recent regulatory changes limit the ability of traditional funding sources to compete for assets," said Zach Cooper, Deputy CIO. "We are excited to leverage established relationships and Semper's deep knowledge of the mortgage credit industry to navigate this new landscape."
In commenting on the announcement, Greg Parsons, CEO and Investment Committee Chair, explains that disruptive internet technology has created investment opportunities with outsized return potential. "For example, sophisticated data interconnectivity combined with rapidly and cheaply developed software allows a property manager to acquire and maintain many different single family rental properties, something that was previously not possible," Mr. Parsons said. "Economies of scale are easier to reach."
The portfolio management team averages over 27 years of experience in the mortgage credit and fixed income industry. Semper is not targeting a specific fund size but is currently evaluating opportunities to invest $500 million or more in the new strategy.
About Semper Capital Management, L.P.
Semper Capital Management is minority owned and operated and has been a Registered Investment Adviser (RIA) since 1992. Semper Capital specializes in mortgage securities and other asset-backed investments and currently manages over $1 billion in institutional separate accounts, private funds, and mutual funds. Strategies include absolute return, total return, and short duration strategies. The firm's clients include public and corporate pension funds, banks, fund of funds, RIAs, and wealth management investors.
Bill Blase, Cathy Loos, Sara Minar
WT Blase & Associates
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SOURCE Semper Capital Management