Credit Suisse winds down second Greensill-linked fund

CREDIT-SUISSE-GP-CSFB-EXCLUSIVE:Exclusive-Credit Suisse markets CSFB as 'super boutique', sees revenue rebound
CREDIT-SUISSE-GP-CSFB-EXCLUSIVE:Exclusive-Credit Suisse markets CSFB as 'super boutique', sees revenue rebound Copyright Thomson Reuters 2023
Copyright Thomson Reuters 2023
By Reuters
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ZURICH - Credit Suisse on Thursday announced it had completed the liquidation process of the second of its four funds linked to collapsed supply chain financing firm Greensill Capital.

A final payment scheduled for February 6 will bring the total amount returned to investors in Nova, the Luxembourg domiciled investment grade fund, to $256 million, which represents between 99.4% and 99.9% of the fund's total, depending on share class.

In November, Switzerland's second largest bank announced it had wound up its Liechtenstein Supply Chain Finance Fund.

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