Morgan lines up Brigade multistrategy venture

Wed Nov 1, 2006

Don Morgan, who left his position as head of the $18 billion high-yield division at MacKay Shields earlier this year, is planning to launch a multistrategy credit firm in January to be called Brigade Capital Management.

The firm's flagship Leveraged Capital Structures Fund will invest in both the debt and equity of leveraged companies. The fund ultimately may seek to raise $1 billion...

ISSN: 2151-1845 / CDC10004H

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