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After a Big Year, Mudrick Capital Is Raising Money

The distressed-credit specialist had one of the top-performing hedge funds in 2018.

Mudrick Capital Management has launched a new hedge fund.Jason Mudrick’s distressed-credit shop recently raised nearly $200 million for the first close of Mudrick Distressed Opportunity Drawdown Fund II and the related offshore vehicle (Mudrick Distressed Opportunity Drawdown Offshore Fund II), according to a Mudrick investor.The second closing is scheduled for

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