BlackRock Offshore Fund Nets Over $300M
by Staff Writer on May 17, 2012
An offshore hedge fund formed by asset manager BlackRock has raised more than $300 million. The Cayman-domiciled fund, which deals in capital structure investments, brought in $313.6 million, according to a filing with the Securities and Exchange Commission. The filing also shows that minimum investment is $100,000, first sold to outside investors on April 27, got its capital from three investors and will remain open for an undisclosed period of time.
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