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Rimrock Capital Management, LLC - Special Announcement
Hedge Fund Rimrock Low Volatility Fund Views: 1

Following today’s joint statement from the United States Treasury Department, the Federal Reserve Bank (the “Fed”) and the Federal Deposit Insurance Corporation (the “FDIC”) (https://home.treasury.gov/news/press-releases/jy1337), it would appear the potential for a systemic run on the nation’s banking system has been averted.

Be that as it may, we wanted to relay a few key points.

First, Rimrock Capital Management and our associated funds, have no cash deposits at Silicon Valley Bank (“SV


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