Thursday, 24 July 2014
Last updated 2 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…