MD Sass Launches Waterfall Victoria Fund

Jul 10 2007 | 11:24am ET

MD Sass has launched the Waterfall Victoria Fund, a hedge fund investing in less-liquid asset-backed securities. The firm has commitments from its existing institutional investors of $200 million for the new offering.

The $12 billion firm currently manages the two-year old Waterfall Eden Fund, which specializes in high-yield and distressed ABS.


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