(Bloomberg) Lucidus Capital Partners, a high-yield credit fund founded in 2009 by former employees of Bruce Kovner’s Caxton Associates, has liquidated its entire portfolio and plans to return the $900 million it has under management to investors next month, according to a statement Monday from the London-based company.
“The fund has exited all investments,” Chief Executive Officer Christon Burrows and Chief Investment Officer Geoffrey Sherry said in the statement obtained by Bloomberg. “We would like to thank our investors and counterparties for their support over the years.”
Lucidus Has Liquidated $900 Million Credit Fund
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