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CloseInstitutional investors have allocated just over $2.8 billion to credit funds in recent weeks.
CLO funds are among those to benefit with Creditflux reporting that New York State Common Retirement Fund had allocated $250 million to a CLO fund managed by Pearl Diver Capital. Investment consultant Callan also issued a request for proposal on behalf of an undisclosed insurance firm for managers to invest in CLO debt and/or ABS. Managers have until 3pm Pacific Time today to submit.
Highbridge wins in battleground state
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