Prytania’s Metreta fund receives additional USD160m in subscriptions
Prytania Investment Advisors has received a further USD160m in subscriptions to its Metreta fund.
Prytania’s overall AUM grew 36 per cent in 2013.
Metreta is an actively managed fund designed to offer investors an attractive, yet stable return over Libor, in a diversified, low-risk, near-cash format.
The fund focuses only on the senior tranches of the most liquid part of the structured credit market and targets returns of one week LIBOR +150bps.
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