Global raters dodged a bullet from the “Catalan Madoff”

By Mike Peterson

At least one global rating agency dodged a bullet by declining to rate a Spanish fund backed by small and mid-market loans that is now being put into liquidation

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TAGS: Performance Europe Direct lending

Comment by: Anonymous. Posted 11 months ago [2017-07-04 19:34:22]

I wonder what an investigation into Auriga Global Investors would show. Putting 50% of investor money into one subsequently fraudulent firm invites ex post scrutiny.