Karsch Capital Management, which manages $3.3 billion in long/short, long-only and managed accounts, is preparing to enter the credit arena for the first time. The firm will launch the KCM Global Credit Opportunities Fund in the second quarter this year, and has tapped former Davidson Kempner Capital Management managing director Jame Donath to oversee the strategy.
KCM Global Credit will invest in event-driven long and short opportunities in senior distressed bank debt...