Saturday, 27 December 2014
Last updated 2 days 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.