Asset manager Ninepoint proposes deal to unfreeze investor redemptions for largest private debt fund - The Globe and Mail
/cloudfront-us-east-1.images.arcpublishing.com/tgam/ENPOLNWM6FLGFLLV2KML2FJNFI.jpg)
6/12/2022 12:00:00 AM2 years 10 months ago
by Tim Kiladze, Greg McArthur
by Tim Kiladze, Greg McArthur
The Ninepoint-TEC Private Credit Fund, manages $1.4-billion and is marketed as a lender to public and private companies that are unable to access traditional bank financing
Five months into its liquidity crunch, Toronto-based asset manager Ninepoint Partners LP has proposed a restructuring to unfreeze redemptions from its signature private debt fund a plan that would le… [+6161 chars]
full article...