Moore increases liquidity with an eye toward raising extra capital

Fri Apr 27, 2007



Moore Capital Management has relaxed the liquidity terms of two of its offerings - Moore Global Fixed Income Fund and Moore Emerging Markets Fund - with an eye toward raising more capital, investors say.

Both funds have moved to a one-year lockup from a three-year lock followed by quarterly redemptions. All investments in shares with a three-year lock will be changed retroactively to reflect the new redemption terms. Meanwhile, Moore Credit Fund...

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