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January 24, 2018  

Debt Pro Launches Equity Fund

A veteran high-yield debt investor is shifting his focus to income-generating stocks.Dan Charleston, formerly a partner at Global Credit Advisers, launched an equity fund this month from his newly formed DJC Capital of East Brunswick, N.J. The vehicle, DJC Equity Opportunities Fund, buys shares of large-cap U.S. companies with high dividend yields. It also takes short positions on an opportunistic basis, typically targeting over-leveraged...

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