MountainView Capital Holdings LLC, Denver, has announced the initial closing of the MountainView Mortgage Opportunities Fund LP, which is slated to invest primarily in alternative-A and subprime first-lien residential mortgage loans in the secondary market. The company said the fund had raised approximately $80 million, primarily from qualified institutional investors, as of the initial closing. The loans acquired by the fund will be serviced "with a view toward mitigating risk of default and maximizing the value of the loans," MountainView Capital said.
Processing Content
