Credit Suisse is to launch a joint venture to provide liquidity to the troubled hedge fund industry.
The bank has brokered a “strategic alliance” with Reservoir Capital Group, a $4bn US alternative investment management firm.
By Sam Jones in London
Published: July 20 2009 22:27 | Last updated: July 20 2009 22:27
Credit Suisse is to launch a joint venture to provide liquidity to the troubled hedge fund industry.
The bank has brokered a “strategic alliance” with Reservoir Capital Group, a $4bn US alternative investment management firm.