Angel Oak Capital Advisors
is launching its first mutual fund, a fixed income fund.
The Atlanta-based firm is headed by co-founders
, a former chief investment officer for Washington Mutual, Michael Fierman
, who co-founded SouthStar Funding, a wholesale mortgage lender that specialized in nonagency
mortgage products, and Brad Friedlander
, who was a portfolio manager at Washington Mutual.
The firm is outsourcing its back office functions to Huntington Asset Services
. Angel Oak currently manages some $165 million in assets under management.
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