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December 08, 2017  

Thorofare Launches Open-End Fund

Thorofare Capital has lined up nearly $200 million of initial equity for an open-end debt fund.The Los Angeles investment manager, which has previously sponsored four closed-end debt funds, is aiming to raise $300 million to $500 million of equity overall during the first round of marketing for the new vehicle, Thorofare Asset Based Lending Fund 5.Thorofare closed on the initial commitments and made its first two investments last month.The...

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