TabCap Investment Management, a hedge fund that eschewed the recent boom in the private credit sector is thriving as its focus on investments in liquid credit instruments delivers strong returns, according to a report by Bloomberg.
The report cites an investor letter seen by Bloomberg News as revealing that TabCap, which was founded in 2021 by former Cheyne Capital Partners duo David Peacock and John Weiss with $30m in seed capital, has grown its assets under management to over $1bn.
The fund’s...
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