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Strategic credit commitment inked

Category: ABS Capital Relief Trades CLOs

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Sector developments and company hires

Strategic credit commitment inked
The Investment Management Corporation of Ontario (IMCO) has closed a US$500m commitment with a new strategic partner, Ares Management Corporation. IMCO has allocated US$400m of the commitment to a fund of one structure and US$100m to Ares Pathfinder Fund, a flagship global alternative credit fund.

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