WFP Opportunity Fund Announces a 9.95%
Net Annualized Return in 2nd Quarter 2015
July 2, 2015, Los Angeles, California – The WFP Opportunity Fund, managed by Wilshire Finance Partners, paid investors a 9.95% net annualized non-compounded return in the 2nd quarter of 2015. Further, the fund delivered an 11.74% net annualized non-compounded year-to-date return through June 30, 2015.
The WFP Opportunity Fund seeks to provide attractive risk-adjusted returns to its investors through debt and equity investments in real estate within the United States. Such investments will include, without limitation, direct and indirect equity investments, joint ventures, deeds of trust and mortgages, participating loans and other real estate related investments.
At quarter end, the fund’s portfolio consisted of participating loans under joint venture arrangements where the fund provided higher leverage in exchange for preferred interest and a percentage of the profits resulting from the real estate investments. In addition, the portfolio contained B Notes and second trust deeds with combined loan-to-values below 80%. All of the fund’s portfolio investments involved property inside the State of California.
“After several realization events involving participating loans in the 1stquarter of 2015, the fund had a couple of similar investments push into the 3rd quarter of 2015,” said Don Pelgrim, CEO of Wilshire Finance Partners. “The combination of the gains on those investments being delayed and investing in a few relatively lower yielding loans on a short term basis kept the fund’s capital deployed while moderating returns to our investors during the quarter.“
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For more information about Wilshire Finance Partners or the WFP Opportunity Fund please call (866) 575-5070
Wilshire Finance Partners
Don Pelgrim | Owner and Chief Executive Officer
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