Love for Loans Spawns New Funds

Sheahan, Matthew
May 2011
High Yield Report;5/2/2011, Vol. 22 Issue 18, p26
This article reports on the introduction of floating-rate funds by leveraged loan funds in the U.S. in 2011. Pacific Investment Management Co. (PIMCO) launched the PIMCO Senior Floating Rate Fund in January. Apollo Global Management also introduced its the Apollo Senior Floating Rate Fund. Other companies that unveiled such funds include Goldman Sachs, Credit Suisse and Solar Capital.


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