Canadian asset manager Polar Asset Management Partners has raised more than $215m at the first close of a new fund targeting significant risk transfer (SRT) transactions with financial institutions, according to a report by Bloomberg.
The Toronto-based manager’s CRS Fund-II, short for Credit Risk Sharing Fund-II, will invest in transactions that allow Canadian banks to transfer portions of their credit exposure to institutional investors, including private lenders and hedge funds.
SRT transactio...
Continue Reading
Sign up for FREE to read the full article and access 147K+ alternative investment headlines.