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Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

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TPG Credit is now Castlelake

Sep 02, 2013
Jing Chen

Alternative investmen firm TPG Credit Management announced Thursday that it has changed its name to Castlelake.

Castlelake managing partner and CEO Rory O’Neill explained that the new name “better represents the firm’s distinct culture and investment strategies.” It was also noted in the statement that all other aspects of the firm, including team, capital base and investment strategy have remained the same.

Founded in 2005, Castlelake focuses on deep value, asset rich opportunities in dislocated industry. With offices in Minnesota and London, the firm manages about $2.4 billion in assets.

 

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