A team spun out of recently overhauled hedge fund Taconic Capital Advisors’ European credit platform has launched Dolomite Capital, an independent firm with $1.3bn in assets under management, according to a report by Bloomberg.
The spinout combines $1.1bn of assets transferred from Taconic’s European credit dislocation funds with an additional $200m in seed capital from Stable Asset Management, which will support the launch of an evergreen private credit fund. Dolomite will focus on opportunisti...
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