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Neuberger Berman: Third Avenue Fund Managed Like Private Equity

TedTed
in The Bullpen
FYI: The Third Avenue Focused Credit Fund, which was recently shut down, was managed more like a private equity fund, not a 40 Act mutual fund, said Bradley Tank, chief investment officer of fixed income at Neuberger Berman.
Regards,
Ted
http://wealthmanagement.com/print/blog/neuberger-berman-third-avenue-fund-managed-private-equity
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