Aladdin opens DIP fund

Aladdin Capital Holdings has launched a new fund designed to invest in Debtor-in-Possession facilities. The fund is designed to exploit ongoing opportunities created by the dislocation in the restructuring finance market.

The vehicle will be managed by Victor Russo and Luke Gosselin, both of whom will serve as global co-heads and co-portfolio managers of the fund. Russo joins following 22 years at CIT Group, while Gosselin has spent the last five years working at Goldman Sachs.

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