Ellington Management Group LLC, the $5.3 billion investment firm founded by Michael Vranos that specializes in mortgage-backed bonds, is planning an initial public offering for its rental-home business.
Ellington Management Group LLC, the $5.5 billion investment firm founded by Michael Vranos that specializes in mortgage-backed bonds, hired Steven Abreu from GMAC Mortgage to start an origination business.
Flames destroyed three waterfront homes in the hedge-fund mecca of Greenwich, Connecticut, as a firestorm driven by Sandy’s gale threatened to rip through one of the wealthiest neighborhoods in the U.S.
Charles Ishay planned to hold on to 895,500 square-feet (83,195 square-meters) of office space in suburban Cleveland after the mortgage servicer LNR Property LLC agreed to change terms on $135 million of debt taken on during the 2007 market peak. Orix USA killed that plan.
Ellington Financial LLC , the mortgage-backed bond fund run by Michael Vranos , declined after its $101 million initial public offering as more than half of this week’s U.S. IPOs were postponed or delayed.
Tal Keinan, an Israeli fund manager, was ready for the question he’s always asked when he met with investors in New York in October: Why put your money with a manager whose country Iran has threatened to obliterate.
Ellington Financial LLC , the mortgage-backed bond fund run by Michael Vranos , raised $101 million in its second attempt at an initial public offering after four U.S. IPOs this week were postponed or delayed.