News

T2 Advisers and GLIF to terminate management contract

May 9, 2013 at 12:03 pm

Share this article

Effective 12 April 2013, T2 Advisers (T2A) ceased serving as the investment adviser to GLI Finance Limited (formerly called Greenwich Loan Income Fund Limited) as a result of GLIF’s internalization of its management and a mutual agreement to terminate its management agreement with T2A.

T2A remains the collateral manager for T2 Income Fund CLO I Ltd (in which GLIF owns the equity tranche) and has had recent discussions with GLIF regarding other corporate debt and structured finance collaborations.