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special situations

The firm, founded by Tony Cusano, has raised $1bn to invest in special situations, distressed and credit secondaries opportunities.
fundraising
The Zurich-headquartered firm targets underperforming funds and those with limited upside to NAV across a range of asset classes.
The Carlyle Group unit is understood to be among buyers involved in the GP-led process on Oaktree Principal Fund V.
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