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Taconic Launches New Sidecar Vehicle

The oversubscribed offering is targeting opportunities in Europe, as with earlier co-investment vehicles launched by the firm.

  • By Stephen Taub

      Frank Brosens, Taconic Capital Advisors (photo credit: Andrew Harrer/Bloomberg)Taconic Capital Advisors has launched a new co-investment/sidecar vehicle.  The hedge fund firm raised $600 million for Taconic European Credit Dislocation Fund II (ECDF II), which was over-subscribed, according to a person with knowledge of the offering. ECDF II is a commitment-style, drawdown

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