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junior debt

Fund managers in the mezzanine space are experiencing some sharply contrasting fortunes.
More than half of all vehicles in the region closed since 2010 follow the strategy.
Q1 2016 closed-ended mezzanine and subordinated debt funds raised less than 30 percent of the Q1 2015 total.
The Chicago-based firm is aiming for the same target as its previous fund and has so far won a commitment from the Minnesota State Investment Board.  
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