Dialogue: Michael Maroof

In October distressed debt hedge fund manager Monarch Alternative Capital - which spun out of Quadrangle in January 2008 - closed a private equity-style hedge fund in excess of $300 million, combining the advantages of both asset classes: the fund can invest in opportunities when they are available and hold lower cash balances than typically held in a hedge fund. Jennifer Harris spoke with CFO Michael Maroof about the firm and the new fund.

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