November 13, 2015 / 11:18 AM / 4 years ago

Hedge fund Palmerston Capital AUM tops $250 million

LONDON (Reuters) - Alternative asset manager Palmerston Capital, set up by former JPMorgan European credit trading head Stuart Wain, said on Friday it closed its founder share class as assets under management reached $264 million.

The fund launched in Jan 2014 and focuses on long and short positions in corporate debt markets.

Reporting by Carolyn Cohn; editing by Angus Berwick

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