Hedge fund exit requests drop to six-month low in July (Fund News)
Investor demand to pull money out from hedge funds dropped to a six-month low in July, following portfolio adjustments during the previous month, data released on Monday showed. The SS&C GlobeOp Forward Redemption Indicator fell to 3.15% in July from 4.8% in June and lowest since January
Rocket Software Inc. pulled a $725m loan deal that it was marketing to investors to refinance debt and fund a dividend, according to a person with knowledge of the transaction.
KKR & Co.-backed Go Daddy Operating Co. is seeking a $1.1bn loan to finance a dividend to its private-equity owners, according to a person with knowledge of the transaction.