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February 20, 2019  

MGG Nears Fund-Raising Goal

MGG Investment is wrapping up marketing efforts for a drawdown fund that originates loans to small and mid-size businesses.The New York firm plans to cut off capital-raising efforts in April, having already lined up at least $800 million of commitments for its MGG Specialty Finance Fund 2. That puts the vehicle within its target range of $750 million to $1 billion.Investors can choose between a closed-end version of the fund with a two-year...

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