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York Launches Second Version of European Distressed Fund

The New York–based multistrategy fund hopes to raise up to $750 million for the second vintage of its drawdown fund that invests in European assets.

       James Dinan, York Capital Management (Bloomberg) James Dinan’s New York–based multistrategy hedge fund firm, York Capital Management, is raising money for a second version of its York European Distressed Credit Fund. The firm hopes to close the fund — which it calls YEDCF II — on March 1 and raise between $500 million

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