Citigroup suspends redemptions in credit fund
Fri Feb 15, 2008
Citigroup has temporarily suspended redemptions in its
Corporate Special Opportunities (CSO) fund, which follows a
credit and event-driven strategy, as investors attempted to
pull 30% of the $500 million funds assets following an
11% loss in 2007.
"We have temporarily suspended redemptions of all shares of
CSO to stabilize the...
ISSN: 2151-1845 / CDC10004H
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