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Crossingbridge acquires Collins L/S Credit Fund

CrossingBridge Advisors, LLC ("CrossingBridge"), a wholly owned subsidiary of Cohanzick Management, LLC ("Cohanzick"), announces that it has acquired the Collins Long/Short Credit Fund (the "Fund") from Collins Capital, LLC ("Collins") in a transaction executed in January 2018.  Cohanzick, founded by David Sherman, currently has approximately $2 billion in assets under management ("AUM") focused primarily on the domestic corporate credit markets. The Fund, which has been sub-advised by Pinebank Asset Management, LP (an affiliate of Cohanzick), was launched in February 2015 and currently has in excess of $100 million in AUM.  Pinebank founder and portfolio manager, Oren Cohen, will continue to manage the Fund in his capacity as an employee...