Grosvenor Capital Management, along with other institutional investors, has seeded the launch of Hollis Park Partners, which will invest in a range of structured products globally. Hollis Park was founded by Troy Dixon, chief investment officer and managing partner. Dixon formerly was managing director and head of the residential mortgage-backed securities trading group and co-head of securitized products at Deutsche Bank. Hollis Park will target opportunities in agency and non-agency mortgage-backed securities, CLOs, CMBS and asset-backed securities. Other partners at the firm include Joseph Valentine and Taranjit Sabharwal.
Hollis Park Partners LP (“Hollis Park”), a global structured products investment management firm, today announced a strategic partnership with GCM Grosvenor, one of the oldest and largest global alternative investment managers with more than $47 billion in assets under management. Hollis Park, which will invest in a diverse range of structured products around the globe, launches with significant investment capital from GCM Grosvenor and other institutional investors.
“We believe today’s environment presents attractive and rapidly changing opportunities across a wide spectrum of structured products including Agency and Non-Agency mortgage-backed securities, CLOs, CMBS and asset-backed securities, and we will seek to dynamically allocate capital across a number of strategies,” said Troy Dixon, Chief Investment Officer and Managing Partner of Hollis Park. “We are proud to partner with GCM Grosvenor, and our seasoned investment team looks forward to capitalizing on these opportunities for our clients.”
Mr. Dixon brings more than 20 years of structured products investing experience to his position at Hollis Park. Prior to founding the firm, Mr. Dixon was Managing Director and Head of the Residential Mortgage-Backed Securities Trading Group and Co-Head of Securitized Products at Deutsche Bank, where he led a group of 70 investment professionals. While at Deutsche Bank, Mr. Dixon served on the Corporate Banking and Securities Americas Executive Committee and the Rates and Credit Trading Executive Committee. Previously, Mr. Dixon served as Head of Pass-Through Trading at both UBS and Credit Suisse.
Hollis Park’s investment team also includes Joseph Valentine and Taranjit Sabharwal, who are both Partners of the firm, and Douglas Adelman, who is the Senior Analyst. Most recently, Mr. Valentine was Co-Head of Securitized Products at CRT Capital. Mr. Sabharwal was previously a Managing Director at Deutsche Bank, where he ran the credit business within commercial mortgage-backed securities (“CMBS”) trading and traded other Non-Agency products, including collateralized loan obligations (“CLOs”). There are six other professionals supporting the Hollis Park business.
About Hollis Park
Hollis Park is an investment advisor, registered with the United States Securities and Exchange Commission, with headquarters in New York City.
Additional information about Hollis Park is available at: http://hollisparkpartners.com
About GCM Grosvenor
GCM Grosvenor is one of the world’s largest and most diversified independent alternative asset management firms, with more than $47 billion in assets under management. The firm offers comprehensive public and private markets solutions, providing clients with a broad suite of investment and advisory choices that span hedge funds, private equity, infrastructure and real estate. GCM Grosvenor specializes in developing customized investment programs tailored to each client’s specific investment goals. The firm’s global client base includes public and private pensions, sovereign wealth entities, banks, corporations, insurance companies, charitable organizations, endowments and high net worth individuals. The firm is known for its comprehensive, transparent client service.
Additional information about GCM Grosvenor is available at: http://www.gcmlp.com.