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Funds
Alpstar launches new European credit fund
Thursday, April 22, 2010
Geneva-based credit manager Alpstar Capital has announced the launch of a new fund, the Alper European Credit Fund. The company describes the new entity as a more mainstream and diversified version of its existing long-only credit fund set up in 2008. The fund offers monthly liquidity and carries a 1.5% and 15% management fee.
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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 |
