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Tacticus Fund Founders Ready Follow-Up April 24, 2009

--Katy Burne

The founders of Tacticus Opportunity Fund, a new long/short credit fund focusing on dislocations in the asset-backed securities market, are launching another fund using the Term Asset-Backed Securities Loan Facility. They are teaming up with Horton Point, a New York multi-strat fund, according to Andrey Krakovsky, chief investment officer at Tacticus.

Tacticus will manage the Tacticus Horton Point TALF Opportunity Fund. They will start marketing it next week and hope to wrap fundraising by the end of the summer. The rationale is that while several funds are ...

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