Angel Oak Plants Multi-Strat Fund on DB’s Platform

Atlanta-based Angel Oak Capital Advisors, LLC, a fixed income asset management shop, today revealed that its Angel Oak Multi-Strategy Income Fund is now on the Deutsche Bank Private Wealth Management platform.

The fund invests primarily in asset-backed fixed income securities, including securities backed by assets such as credit card receivables, student loans, automobile loans and residential and commercial real estate. Brad Friedlander, co-founder, is the fund’s portfolio manager.

The $50 million fund is currently also on the UBS, Fidelity, Charles Schwab, TD Ameritrade, and Pershing platforms, among others. Last month, the firm also launched C shares version of the fund.

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