Candlewood structured credit fund closes to new investment

By Lawrence Delevingne

Fri Jun 8, 2012



The vehicle has reached $600 million on the back of strong performance since launching in January 2011.


   
   Portfolio managers Brian Herr (L), Greg Richter (R) and analyst Judy Sun (C) at the AR Awards in November 2011
(Photo: John Marolakos)
 
Candlewood Investment Group, the $1.4 billion credit firm that spun out of Credit Suisse's asset management division in 2010, has closed its structured credit fund to all new investments at $600 million.

"We have seen a sharp increase in new...

TAKE A FREE TRIAL

The full contents of this article are available to Absolute Return subscribers and trialists only.

To continue reading please, take a free trial, subscribe or log in.


Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now