Tufton Oceanic launches new distressed fund

Thu Apr 21, 2011

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Tufton Oceanic is launching a Cayman-domiciled fund investing in distressed shipping assets, equity and debt opportunities. The firm, which specialises in maritime and energy-related sectors and manages $2.3 billion of assets globally invested in illiquid and liquid strategies, says it wants to raise $300-500 million from institutions and family office investors...

ISSN: 2151-1845 / CDC10004H

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