(Bloomberg) -- Credit manager Sona Asset Management raised $800 million in a bid to provide custom financing to businesses struggling to access cash, as John Aylward’s hedge fund firm capitalizes on a retreat by conventional banks.Most Read from BloombergWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanStocks Struggle to Make Headway on Economic Signs: Markets WrapCiti Pitches Money-Moving ‘Crown Jewel’ as Central to RevampFlesh-Eating Bacteria That Can Kill in Two Days Spre
(Bloomberg) -- Credit manager Sona Asset Management raised $800 million in a bid to provide custom financing to businesses struggling to access cash, as John Aylward’s hedge fund firm capitalizes on a retreat by conventional banks.
Most Read from Bloomberg
What to Know About the Deadly Flesh-Eating Bacteria Spreading in Japan
Stocks Struggle to Make Headway on Economic Signs: Markets Wrap
Citi Pitches Money-Moving ‘Crown Jewel’ as Central to Revamp
