Pimco and Oaktree eye Arini debt holdings as hedge fund losses hit 26%
Arini has received bids for some of its high-yield debt holdings from major asset managers including Pimco and Oaktree, as the hedge fund seeks to raise liquidity following steep losses in its flagship strategy, according to a report by Bloomberg. The credit manager, founded by former Credit Suisse trader Hamza Lemssouguer, has already sold positions in several large speculative-grade borrowers,…
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