| 25.03.2009 Opalesque Exclusive: Gramercy Partners to launch hybrid distressed opportunity fund |
| The Opalesque Team: Opalesque has learned that Greenwich, Connecticut-based Gramercy Advisors (Source) will launch the Gramercy Distressed Opportunity Fund on April 1st. The hybrid fund will combine private equity (hurdle rate, back-ended performance fees, etc) and hedge fund (daily mark-to-market, independent NAV statements and custodian, etc) structures. Hybrid funds are expected to be |
| Article source: http://www.reuters.com/article/PrivateEquityandHedgeFunds09/idUSTRE52N5K720090324 - Opalesque is not responsible for the content of external internet sites |