History
More than 40 Years in the Business
With more than 40 years in the business, Mooring Financial Corporation has a solid history of successfully investing in financial assets.
2020
Mooring Capital Fund invests in the largest amount of assets since 2012.
2019
Mooring Capital Fund has its sixth year of record returns in its 20-year history.
2018
Mooring Capital Fund has its fifth year of record returns in its 19-year history.
Mooring Capital Fund fully resolves FDIC real estate portfolio that it acquired in 2015, with a sizable gain.
2016
Mooring Capital Fund recorded highest net return in its 17-year history.
2015
Mooring Capital Fund acquired western U.S. real estate portfolio from the FDIC.
2014
Mooring Capital Fund recorded highest net return to investors in its 15-year history.
2013
Liquidated holdings in Mooring Intrepid Opportunity Fund – Series A and Series B and returned capital to outside investors after generating significant returns in Series A from being short the credit and equities markets beginning in 2007.
2012
Mooring Capital Fund purchased a record number of distressed loans, including a large portfolio from a national bank.
Established Mooring Intrepid Opportunity Fund – Series C to capitalize on an expectation of an increase in short-term interest rates sooner than the market anticipated.
2010
Mooring Capital Fund purchased significant assets in Florida. Created Mooring Intrepid Opportunity Fund – Series B to invest in opportunities created by the BP Oil Spill.
Spun off tax lien servicing business and sold majority of tax lien portfolio.
2008
Mooring Tax Lien Fund I L.P. established to provide an opportunity for accredited investors to invest in property tax liens in Florida.
New York City named Mooring Tax Asset Group servicer for the NYCTL 2008 Trust.
2007
Launched Mooring Intrepid Opportunity Fund – Series A a hedge fund targeted to capitalize on unsustainably high valuations and narrow credit spreads present in the real estate and fixed income markets.
2002
Established Mooring Secured Liquidity Fund to provide an opportunity for accredited investors to invest in property tax liens.
2000
Began managing tax lien portfolios for institutional investors and outside investment companies.
1999
Mooring Capital Fund founded to provide an opportunity for accredited investors to invest in a hedge fund specializing in distressed commercial debt.
1997
Established Mooring Tax Asset Group to invest in property tax liens.
1991
Purchased commercial loan portfolios from the RTC and FDIC.
Recognized opportunities as a result of the banking crisis and shifted focus from commercial leasing to distressed commercial loan portfolios.
1982
Current President & CEO, John Jacquemin launched Mooring Financial Corporation as a commercial equipment leasing company, concentrating in middle market leases ranging from $100,000 to $5 million of equipment cost. Since its beginning, the company has leased data processing, telecommunications, railroad rolling stock, production equipment, major medical equipment, and corporate aircraft.