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University of Michigan dips toe into distressed debt pool

March 03, 2011  

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The University of Michigan in Ann Arbor has been adding on to its mandate with Blackstone/GSO Capital Solutions Fund, a distressed debt fund that may receive additional assets.

The $6.6 billion endowment fund committed another $20 million to Blackstone/GSO fund after an initial funding of $50 million to...

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