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REA
April 08, 2020  

Crisis Sidetracks Fund Shops' Equity Raises

The coronavirus chaos is taking its toll on fund managers’ capital campaigns.Operators across the country are postponing initial and final closes, or discussing doing so, as investors focus on the dire outlook for their own investment portfolios. Among the shops pushing off dates are Encore Capital of Boca Raton, Fla., Newport Capital of Chicago, and TerraCap Management of Estero, Fla.In addition, market pros say they expect few managers to...


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