(Bloomberg) Chatham Asset Management, the $4.3 billion credit hedge fund, is weighing the closure of a unit that manages $763 million for clients including mutual fund giant Franklin Templeton Investments. Chatham, founded by Anthony Melchiorre in 2003, is pondering the move for its so-called liquid alternatives unit while continuing to raise money for other funds that lock up capital for several years, according to people with knowledge of the matter, who asked not to be named discussing the deliberations.
Hedge Fund Chatham Weighs Shutting $763 Million Liquid Alts Unit
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