Summary
LONDON (HedgeWorld.com) - The fallout in credit markets hasn't stopped one of the alternative investment industry's biggest specialist credit fund operators from adding new assets to one of its closed-end listed funds.
Financial Risk Management Ltd. has just raised 33 million ($68 million) for its FRM Credit Alpha fund through a placing to investors. Including net performance returns of 14.2% since the fund's inception on April 1 to Oct. 31, the vehicle will now have assets under management of just over 84 million.See the full content of this document
Extract
Frm Raises 33 Million for Credit Fund
"This offering expands the (fund's) market capitalisation by...
See the full content of this document
Sponsored links
