Babcock Brown Structured Finance Fund
Babcock & Brown Structured Finance Fund: A Historical Overview
The Babcock & Brown Structured Finance Fund (BBSFF) represents a significant, though ultimately cautionary, tale in the world of alternative investments. Launched in the mid-2000s, BBSFF aimed to capitalize on opportunities in the burgeoning market for structured finance products, particularly asset-backed securities (ABS) and collateralized debt obligations (CDOs). These complex financial instruments bundled together various types of debt, promising potentially higher returns than traditional fixed-income investments.