BlackRock marketing credit vehicle

Fri Jul 30, 2004



New York fixed-income giant BlackRock is seeking to raise $500 million for a new credit vehicle.

The Galaxite Fund is something of a multi-strategy product, as it will aggregate three subsectors: investment grade debt, high-yield and capital structure arbitrage. The firm will shift allocations...

ISSN: 2151-1845 / CDC10004H

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