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Centerbridge Opens Hedge Funds to New Capital
Firm joins a handful of others in preparing for a period of renewed distress — and opportunities. It’s not happening tomorrow, though.
Jeffrey Aronson (Bloomberg) Centerbridge Partners has opened up its hedge funds to new capital for the first time in several years, according to several knowledgeable sources, including an investor. The New York distressed-debt specialist has told investors it wants to be prepared for when opportunities open up, in the belief that when
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