NEW YORK, April 16, 2013 /PRNewswire/ -- The UCM Partners MIDAS Fund marked its two year anniversary on April 1, 2013. The open-ended fund, which invests in residential and commercial mortgage backed securities (RMBS and CMBS), has crossed $130 million representing growth in institutional, family office, and high net worth investors.
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The MIDAS Fund returned 6.9% in the first quarter of 2013 net of all fees and expenses following a 2012 calendar year net performance of 25.0%.
The Fund invests in RMBS, CMBS and ABS across the capital structure and credit quality spectra. UCM Partners' approach combines rigorous quantitative analysis, including bottom-up, loan-level credit analysis and structural stress-testing with qualitative analysis that leverages our team's 20+ years of experience in the securitized debt markets.
About UCM Partners, L.P.
UCM Partners is an independent investment management firm specializing in residential and commercial mortgage-backed securities. UCM offers institutional and high net worth investors access to multiple securitized debt-centric investment platforms, ranging from private absolute return to public index-based strategies. UCM is MBE certified and has been an SEC-registered investment advisor since 1992. For more information, visit www.ucmpartners.com, or contact Stephen J. Burke at 212 797-2688.
041613-835
SOURCE UCM Partners
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