Mooring Capital Fund, LLC Reports Record 21% Investor Return in 2015

TYSONS, Va.--(BUSINESS WIRE)--

Mooring Capital Fund, LLC (MCF), a hedge fund that specializes in the acquisition and management of distressed commercial loans, today reported performance results for 2015. The fund delivered a 21.1% net return to investors for the year ended December 31, 2015. The performance is a record benchmark for the fund since it was formed in 1999, surpassing the net return to investors of 19.0% reported in 2014. Mooring Capital Fund has produced a cumulative total return of 611.3% net of fees over the 16.5 years since inception.

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Mooring Capital Fund's performance in 2015 and since inception has outperformed the S&P500, the Dow Jones Hedge Fund Index and the HFRX Global Hedge Fund Index. For 2015, the S&P500 Index reported a total return of 1.4%. The Dow Jones Hedge Fund Index and the HFRX Global Hedge Fund Index delivered negative returns of -0.7% and -3.6%, respectively, for that period.

Mooring Financial Corporation President and Chief Executive Officer John Jacquemin said, "Mooring Capital Fund has delivered stable and positive investor returns through multiple economic cycles. From the very beginning we have taken an opportunistic yet long-term approach to our business. A well-diversified portfolio, thorough due diligence, and a hands-on focus on our assets have been keys to our success. Continued economic growth in 2015, brightening real estate fundamentals, and borrowers' access to cheap debt also contributed to Mooring Capital Fund's healthy performance in 2015."

Mooring Capital Fund invests primarily in sub-performing and nonperforming commercial loans secured primarily by a variety of commercial real estate assets. The portfolio has included loans secured by office buildings, retail centers, religious facilities, flex and warehouse space, multifamily, assisted living facilities, aircraft and marine vessels, agricultural assets, land and educational, sports and recreation facilities. These assets are located throughout the U.S. and internationally with a concentration in the mid-Atlantic and southeast regions. Total assets were approximately $60 million at year-end 2015.

About Mooring Financial Corporation

Mooring Financial Corporation is a private investment firm that manages alternative investments for accredited individual investors and institutional investors. Managing Mooring Capital Fund is the primary business of Mooring Financial Corporation. The firm also manages Mooring Intrepid Opportunity Fund. Mooring Financial Corporation was founded in 1982 and is headquartered in Tysons, Virginia. Please visit www.mooringfinancial.com for more information.

About John Jacquemin

John Jacquemin is founder, President and Chief Executive Officer of Mooring Financial Corporation. Jacquemin launched the private financial investment firm in 1982 using his own as well as borrowed capital. The company's focus has evolved and expanded over the last three decades with strategies tied to opportunities Jacquemin has identified within business sectors and the markets. Over the 34 years since inception Mooring Financial Corporation has specialized in distressed asset management, long and short equity positions in targeted sectors, tax liens and leasing equipment. Before founding Mooring Financial Corporation Jacquemin was a management consultant for Coopers & Lybrand and then chief financial officer of CFC. Originally born in France and a long-time Northern Virginia resident, Jacquemin serves on the Board of Overseers of the Tuck School of Business Administration at Dartmouth College, where he earned his MBA degree. He is also a Director of Penn National Gaming PENN and sits on the Board of Visitors of George Mason University. He received the Ernst & Young Entrepreneur of the Year Award in Financial Services and Real Estate in 2006. Jacquemin enjoys sailing and is also deeply committed to the Jacquemin Family Foundation, which he founded in 1998 to provide educational and artistic opportunities for youths both in the Washington, DC metro area and internationally.

Past performance is not indicative of future results. Information supporting the net return (including fees deducted from gross returns) of Mooring Capital Fund (the "Fund") for the year ended December 31, 2015 is provided in the Fund's Offering Memorandum and will be made available to its investors upon request. The Fund's net investment return includes the reinvestment of dividends on investments made by the Fund. From time to time, however, the Fund has distributed dividends or other earnings to its investors as distributions. The statements made in this release do not constitute an offer to sell or solicitation to purchase. No such offer or solicitation in the Fund will be made prior to delivering the Fund's confidential private offering memorandum. The value of an investment in the Fund can go down as well as up. Future returns are not guaranteed and loss of principal may occur. An investment in the Fund will be subject to a variety of risks (which are described in the Fund's confidential offering memorandum) and there can be no assurance that the Fund will meet its investment objectives.

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