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WexTrust Cap Readies Offshore ABL Hedge Fund

Dec 18 2007 | 12:58am ET

The asset-based lending sector will get a bit more crowded next year: Chicago-based WexTrust Capital next month will launch an offshore version of its 14-month old domestic ABL hedge fund.

The Wexford High Yield Debt Offshore Fund is looking to build on the performance of its domestic predecessor, the $25 million Wexford High Yield Debt Fund III, which returned 11.6% this year through October.


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