Babson launches combined high yield, leveraged loan fund

Babson Capital Europe has launched a multi-asset class global speculative grade fund, having managed segregated multi-credit accounts for investors for around a year. The Global High Yield Credit Opportunity Fund was launched last week and is open-ended.

  • 04 Jun 2013

The fund has so far raised $100m, which will be invested across the leveraged loan and high yield bond markets, with opportunistic allocations to the CLO market as well as to stressed and distressed debt.

“Investors appear less willing to appoint multiple managers to run their high yielding credit ...

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