Friday, 30 January 2015
Last updated 3 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…