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July 03, 2019  

MGG Offering Hits Capacity

MGG Investment is aiming for the third quarter to wrap up capital-raising efforts for a vehicle that writes loans to small- and mid-size businesses.The New York firm so far has lined up $950 million of commitments for the vehicle, MGG Specialty Finance Fund 2.MGG had set out to raise $750 million to $1 billion for the fund, which employs a drawdown format. Investors can choose between a closed-end version with a two-year investment period and a...

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