Sankaty Credit Opportunities (Offshore) IV LP
These documents are part of a package on Mitt Romney's Bain holdings. For the full report, go here.
Sankaty Credit Opportunities (Offshore) IV LP is a limited partnership based in the Cayman Islands. As of June 2010, it held $1.3 billion in assets and reported a $15.4 million increase in capital for the second quarter of 2010.
The 2010 tax return for the Ann D. Romney Blind Trust reported income from its general partner, Sankaty Credit Opportunities (Offshore) Investors IV LLC.
Sankaty Credit Opportunities (Offshore Master) IV LP is a limited partnership based in the Cayman Islands. As of June 2010, it held $1.4 billion in assets and reported an increase in capital of $23 million for the second quarter of 2010. Though none of Romney's disclosures indicate a stake in Sankaty Credit Opportunities (Offshore Master) IV LP, the entity appears to bear a so-called "master-feeder" relationship to Sankaty Credit Opportunities (Offshore) IV LP, an arrangement commonly used by hedge funds to pool resources and avoid U.S. taxes.
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