AllianceBernstein announces the launch of interval fund AB CarVal Credit Opportunities Fund
AllianceBernstein L.P.(AB) Prnewswire·2024-09-17 19:30
NASHVILLE, Tenn., Sept. 17, 2024 /PRNewswire/ -- AllianceBernstein L.P. ("AB") (NYSE: AB), a leading global investment management firm, today announced the launch of the AB CarVal Credit Opportunities Fund (ABAYX), an unlisted, closed-end interval fund.The Credit Opportunities Fund seeks to outperform high-yield bonds over time with less volatility and lower correlation to public markets. AB CarVal Principal John Withrow and AB CarVal Managing Director Roger Newkirk will oversee day to day investment decisi ...