May 21, 2022

Milken’s Former Manager raises $500 Million for new Credit Fund [offshore version in Cayman Islands]

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By Miles Weiss From Bloomberg Carl Meyer formed Silver Rock Financial LP to manage new fund Milken said to contribute several hundred million in seed cash The former head of Michael Milken’s family office raised more than $500 million in less than a month for a new hedge fund that will target high-yield bonds and distressed debt. […]