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January 23, 2019  

MidOcean Maps Floating-Rate Route

Loan investor MidOcean Partners has a new offering in the market.The New York firm, which manages $8.1 billion of alternative credit strategies through a mix of private funds and collateralized loan obligations, has begun reaching out to allocators about a vehicle that would seek to generate “defensive income” via investments in floating-rate loans. It is pitching MidOcean Select Floating Rate Fund as a long-only product with the...

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