In the Margins

Regulators examine Third Avenue redemptions halt

December 15, 2015

By The Wall Street Journal

Regulators is scrutinizing Third Avenue Management's halting of shareholder redemptions from its Third Avenue Focused Credit Fund without first obtaining the green light from the Securities and Exchange Commission, according to people familiar with the matter. The review follows Third Avenue Management's announcement last week that it was closing the $789 million fund. Read the original story from The Wall Street Journal.