Finance
CLO Fund’s 50% Tumble Fuels Power Struggle That Spills Into Open
📋 Article Summary
78 words
A fight over who gets to run a $580 million credit fund has erupted into an unusually public Wall Street brawl, pitting claims of poor performance against accusations of a cash grab ahead of a proxy vote later this month. A fight over who gets to run a $580 million credit fund has erupted into an unusually public Wall Street brawl, pitting claims of poor performance against accusations of a cash grab ahead of a proxy vote later this month.
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