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Taconic Launches European Credit Hedge Fund

The New York–based multistrategy hedge fund firm says its new fund is intended to capitalize on less liquid opportunities in Europe and will have a longer lock-up.

       Frank Brosens, Taconic Capital Advisors (Bloomberg)New York–based multistrategy hedge fund firm Taconic Capital Advisors is raising money for a new hedge fund, a longer lock-up vehicle that will invest in illiquid situations in Europe. The new fund, called the Taconic European Credit Dislocation Fund, is intended “to fully capitalize on the

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