Wingate chases $100m for third corporate credit fund
It’s batten down the hatches week in financial markets, but that hasn’t stopped fund manager Wingate from hitting up investors with a new fund.
Source: afr.com
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It’s batten down the hatches week in financial markets, but that hasn’t stopped fund manager Wingate from hitting up investors with a new fund.
Now Finance boss Richard Blumberg says such institutions will hit distress as rates rise. He wants to capitalise on the drama.
There’s been about $930 million of personal loan ABS issuance from non-bank lenders this year so far.