Distressed Credit Investor Jamie Kelner Likes Going From Awful to Bad As Path to Profit
With 21 percent performance in little over a year in business, Jamie Kelner, who manages a $150 million credit portfolio at Alden Global CRE Opportunities Fund, nonetheless has sleepless nights thinking about a potential recession. Such is the case with distressed credit managers with real estate exposure. Jamie Kelner’s Alden Global CRE Opportunities Fund likes distress “It’s a credit market, so it would be foolish of me to think that if we had a long recession it would be a positive,” Jamie Kelner said in a Bloomberg Briefs interview with Simone Foxman. “While we always think that we’ve looked at...
This content is exclusively for paying members of Hedge Fund Alpha
Gain Exclusive Access to the Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha Get Started Now with a FREE 7-Day Trial🔻If you are a current Hedge Fund Alpha member and are having an account error please clear cache and cookies. If that does not work, email [email protected] or click Chat. |
