Caspian to spin out from Mariner
By Anastasia Donde
Wed Dec 22, 2010
The portfolio management group, which runs $2.6 billion in assets, will operate separately from Mariner Investment Group but will still use its operational support and infrastructure.
Caspian Capital Advisors, a $2.6 billion distressed hedge fund manager in New York, is set to spin out from Mariner Investment Group in the first quarter of next year.
Caspian has been housed within the Mariner platform since it was founded in 1997. Caspian will still use Mariner’s operational support and infrastructure, including risk oversight, legal and...
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