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SVP Closes Latest Distressed Debt-Focused Fund At $2.85B

By Adam Rhodes (May 2, 2018, 2:01 PM EDT) -- Global investment firm Strategic Value Partners LLC on Wednesday said it closed its latest distressed debt-focused fund at its $2.85 billion hard cap — including $350 million in reserves for a so-called fund of one relationship — its largest fundraising to date and well past its $2.1 billion original target....

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