Armen to acquire minority stake in Chorus Capital

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Summary

European GP stakes investor Armen has acquired a 16% equity stake in Chorus Capital, an alternate credit investor.Euroclear and BlackRock team up for FundsPlace BlackRock joins forces with Euroclear FundsPlace to attract more investors to PETamara Close has joined Petra to lead the new offering in North AmericaThe initiative calls for the UK government to do more to increase UK pension fund allocations to private capital fundsFitch publishes draft of NAV ratings criteria for secondaries in response to demand

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