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Aladdin, Princeton Advisory To Launch TALF Funds April 10, 2009

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—Suzy Kenly & Olivia Thetgyi

 

Aladdin Capital Management
and Princeton Advisory Group are prepping funds to tap the Term Asset-Backed Securities Loan Facility. Aladdin is raising money for a $250 million TALF fund to be launched in the beginning of June. Princeton has already raised $10-15 million for its new fund, the Princeton ABS Fund, to be launched in the coming months.
The Aladdin TALF Fund will use the nonrecourse financing from the facility ...

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