BlueCrest to liquidate funds in shock move to close client business
BlueCrest Capital Management has sent shockwaves through the credit hedge fund industry by announcing plans to hand back around $8 billion of its investors' money and to rebrand as a private investment partnership
Related Stories
- "The reset market is open, but it doesn’t always make sense to extend the life of a CLO" 2 years ago
- Past returns: KKR’s unusual CLO liquidation 2 years ago
- "If you sat still on a large portfolio of 2019 and 2020 CLOs, it may have shrunk by more than 25%" 2 years ago
- Past returns: Prophet’s early CLO redemption 2 years ago
- 2020 CLOs find redemption is sweet 2 years ago
Funds
- Global Loan Highlights 1Q24: Don’t call it a comeback 16 hours ago
- Houlihan Lokey adds new credit MD 1 day ago
- Swedish credit specialist closes European lending fund with EUR 1.7bn 1 day ago
- Pemberton raises EUR 2.3bn for opportunistic direct lending fund 1 day ago
- South Carolina pension system commits USD 100m to asset backed fund 1 day ago
Comment by: Anonymous. Posted 8 years ago [2015-12-01 23:57:18]