Hedge Funds
EJF Capital, which saw substantial losses amid the coronavirus-related selloff in March, is raising capital for a fund that seeks to take advantage of fresh opportunities it sees in the unsettled financial market.The vehicle, EJF Tactical Opportunities Fund, launched in April with a fundraising goal of $500 million. It has so far attracted some $50 million. The fund, which was up 6% through mid-June, invests in both debt products and equities,...

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