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May 01, 2019  

Axar Marketing "Control' Vehicle

Special-situations investor Axar Capital wants to increase its capacity to take controlling stakes in distressed businesses.To that end, the New York firm is marketing Axar Control-Oriented Co-Investment Fund, with the goal of raising several hundred million dollars. The capital would be used in part to increase Axar’s exposure to deals that exceed the position limits of its flagship hedge fund, which launched in 2015.The co-investment...

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