Avenue Capital To Unload CDO Unit

20 Apr 2009

Avenue Capital Group is said to be looking to unload its collateralized debt obligation unit.

Avenue Capital Group is said to be looking to unload its collateralized debt obligation unit. People familiar with the matter said that the hedge fund, which manages USD2.8 billion in CDOs, is making the move as the value of the underlying assets continues to decline. At the same ...

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