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Magnetar Capital Hires Three for Event-Driven Credit Strategy
The firm is adding a credit component to its event-driven fund, which until now has primarily focused on equities.
Magnetar Capital, a $9.2 billion multistrategy hedge fund firm based in Evanston, Illinois, has hired three new investment professionals to launch a credit strategy that will be part of the firm’s $1 billion global event-driven portfolio. Up until now the firm’s event-driven strategies have primarily concentrated on equities. Leading the new credit
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