Friday, July 16, 2010

Michael Lau to spin-off Candlewood Investment Group from Credit Suisse

In late September of this year, Credit Suisse Group AG will spin-off two credit hedge funds in response to new regulations that limit the amount of capital that banks may lend hedge funds. According to Bloomberg, the Candlewood Special Situations and Candlewood Credit Value hedge funds will be spun-off as Candlewood Investment Group.

Here is the complete article.

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