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Activist Asian Fund Manager Increases Stake in the Ranger Direct Lending Fund
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Activist Asian Fund Manager Increases Stake in the Ranger Direct Lending Fund

Activist Asian Fund Manager Increases Stake in the Ranger Direct Lending Fund

Fintech Nexus Staff·
EuropeFintechNews Roundup
·Aug. 16, 2017·1 min read

The LIM Asia Special Situations Master Fund has increased its ownership in the Ranger Direct Lending Fund to 9.2% from 5.48% reported in July; the Ranger Direct Lending Fund is primarily focused on high yield direct lending platforms; it has recently been troubled by its exposure to losses from marketplace lending platform Argon Credit which it invested in indirectly through the Princeton Alternatives Fund. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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