London-based credit hedge fund Arini Capital Management has suffered a difficult year as concentrated positions in distressed European companies including Aston Martin and Altice International have weighed heavily on its flagship strategy, according to a report by then Financial Times.
The report cites unnamed people familiar with the firm’s performance as highlighting that the $22bn manager’s master fund is down more than 8% since the start of the year, following losses of almost 8% in July and...
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