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London-based Fund Shuts Down Over Subprime

06/27/2007 By: Kerri Panchuk Printer Friendly View

Cambridge Place Investment Management, L.L.P says the London-based Caliber Global Investment Ltd. Fund that it manages will be closing and selling assets due to losses incurred from troubled mortgage loans in the United States, reports Bloomberg news agency.
Bloomberg describes Caliber as a $908 million fund that invests in subprime mortgage debt.
Click here to read the full article.


Author: Kerri Panchuk • Date: 06/27/2007

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