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Funds
LBC Credit announces closing of new fund
Wednesday, February 3, 2010
Philadelphia-based mid market lending specialist LBC Credit Partners has announced that it has closed a new fund. LBC Credit Partners II, a limited partnership, has $645 million of committed capital. It will follow a similar strategy as the company’s existing $300 million fund, investing in a variety of instruments issued by smaller companies in sizes of $10 million to $50 million.
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CFlux secondary
CLO index levels:
| Index | 6 Feb |
|
| CFlux USD AAA | ↑ | 94.9 |
| CFlux USD AA | ↓ | 81.3 |
| CFlux USD A | ↓ | 75.0 |
| CFlux USD BBB | ↑ | 74.8 |
| CFlux USD BB | ↑ |
72.1 |
| CFlux USD EQ | ↑ | 67.6 |
