Hedge Funds & Alternative Investments
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Investcorp to acquire top US credit management group
Investcorp has announced that it has agreed to acquire Marble Point Credit Management (Marble Point), a major US-based CLO (collateralised loan obligation) manager. However, the company did not disclose the specific terms of the transaction. With $7.8 billion of assets under management, Marble Point is a specialist asset manager focused…
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Source: Investcorp