Funds

Centrecourt eyes distressed fund, reports hedgeco.net

Tuesday, December 8, 2009

HedgeCo.net reports that Centrecourt Asset Management is launching a distressed credit fund. The CAM Distressed/Credit Opportunities Fund will invest in distressed corporate credit with a focus on those where the manager can use its restructuring expertise to maximise the value of the investment, according to the article. The New York-based fund manager already has $500 million of capital under management notes the article.