Eaton Vance targets US loans through Australian fund
Eaton Vance Corp. aims to raise $1 billion in the next two to three years for an Australian fund targeting US leveraged loans. It will primarily look to secure capital commitments from Australian pension funds.
Eaton Vance said the fund would invest in US senior secured floating-rate loans tied to the London Interbank Offered Rate, Reuters reported. According to Scott Page, the firm's director of bank loans,...
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