Credit Suisse Writes Down Investment Stake in Jamie Dinan’s York Capital Management

Posted on 11/24/2020

Credit Suisse Group AG is booking a US$ 450 million write-down on its investment stake in hedge fund York Capital Management. York Capital is close to fully winding down, as the hedge fund struggled with performance targets. The York Capital Management investment was made under ex-Credit Suisse CEO Brady Dougan, in which, Credit Suisse paid […]

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