Saturday, 30 May 2015
Last updated 11 hours ago
Mar 19 2012 | 12:03pm ET
In just two weeks, Centerbridge Partners has its newest fund near capacity.
The New York-based firm has raised $1.95 billion for its new credit fund, which opened to investors on March 1, it said last week. The fund has a capacity of $2.01 billion, according to a Securities and Exchange Commission filing.
The new fund is a follow-up vehicle to Centerbridge's three-year-old activist credit fund. It is managed by firm founders Jeffrey Aronson and Mark Gallogly.
Centerbridge has some $17 billion in assets under management.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…