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Funds
Citi Alternatives puts money into new credit fund, reports Finalternatives
Wednesday, July 1, 2009
Finalternatives reports that Citigroup Alternative Investments is seeding a new hedge fund run by Viathon Capital. The Whitewater Master Fund, a long-short credit fund focusing on high yield and investment grade corporate bonds and bank debt in both the US and Europe, launched in May with $50 million in capital. It was up 0.92% in May and up an estimated 2.1% in June.
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Structured
CFlux secondary
CLO index levels:
| Index | 14 May |
|
| CFlux USD AAA | ↑ | 96.0 |
| CFlux USD AA | ↑ |
87.7 |
| CFlux USD A | ↑ | 85.1 |
| CFlux USD BBB | ↓ | 77.2 |
| CFlux USD BB | ↑ |
75.9 |
| CFlux USD EQ | ↓ | 76.7 |
