By NEIL HARTNELL

Tribune Business Editor

A BAHAMIAN financial services provider yesterday said it was targeting between $500 million to $1 billion in asset-backed real estate securities investments for its newly-launched mutual fund, and seeking to expand its staff by up to 50 per cent.

David Kosoy, chairman and chief executive of the Sterling Financial Group, said the New Providence Income Fund had already generated a "tremendous, unbelievable" response from potential institutional and retail investors, aided by the "past record" and returns generated by the company's two existing investment funds.

Pointing to his 40 years of real estate development and financing exper ...

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