Argent to shutter Veritas high yield fund

Fri Jun 2, 2006



Argent Funds Groups is shutting down the Veritas High Yield Arbitrage Fund as tough market conditions have left it with a dearth of opportunities.

Argent expects to return the majority of capital to investors by mid-June. A small amount of the fund - less than 12% - is allocated to several illiquid positions and...

ISSN: 2151-1845 / CDC10004H

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