BOSTON, April 8, 2013 (GLOBE NEWSWIRE) -- NewStar Financial Inc. (Nasdaq:NEWS) announced today that it has formed a new managed credit fund, NewStar Arlington Fund LLC (the "Fund" or "Arlington"), in partnership with an institutional investor to co-invest in middle market commercial loans originated by NewStar. The Fund represents the next step in the expansion of the Company's asset management platform and is expected to add approximately $300 million to its assets under management (AUM). The Fund also provides important strategic benefits, including additional lending capacity to lead transactions for clients.
NewStar Closes New Managed Credit Fund
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