Hedge Fund News From HedgeCo.Net

Hedge fund enables insurers to capitalise on bank deleveraging

Risk.net – Hedge fund manager Tenax Capital has raised €250 million (£197 million) from insurers in a fund that invests in corporate bonds and loans that banks are seeking to offload.

Tenax is seeking to take advantage of the de-leveraging process that the banking sector is currently undergoing and the contraction in the supply of credit arising from the recent financial crises.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply