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March 20, 2019  

TIG Signs LPs for Romspen Offering

TIG Advisors’ alliance with Romspen Investment is paying dividends.Since the hedge fund operator acquired a minority stake in the Toronto lender in October, it has raised about $150 million for a Romspen fund that originates bridge loans on commercial and industrial properties in the U.S. That vehicle, TIG Romspen U.S. Mortgage Fund, launched in the third quarter with $55 million, and now has $300 million. It was up 9.9% at the end of...

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