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Funds
Buy-out firm launches credit hedge funds, reports WSJ
Thursday, July 2, 2009
The Wall Street Journal reports that mid-market buy-out firm MidOcean Partners has launched a credit unit, known as MidOcean Credit Partners, and a hedge fund to buy mainly bank debt. The fund, MidOcean Credit Opportunities, had its first close in April and currently stands at $100 million. See original article.
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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 |
