Wednesday 10, December 2008 by
Istithmar-backed Gulf Stream Asset Management expands operations
Gulf Stream Asset Management, a US-based institutional asset manager of $3.8 billion of corporate credit portfolios for global institutional investors, said it is expanding its portfolio strategies by establishing a credit dislocation fund and a multi-strategy credit hedge fund. The move, according to a press release, is part of Gulf Stream’s “aggressive” expansion strategy and is led by its majority stakeholder, Dubai-based Istithmar World Capital, to capitalise on current market opportunities.
