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Regional News
Two Firms Partner on Distressed Municipal Fund
by: Keeley Webster
Friday, November 16, 2012
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Kayne Anderson Capital Advisors and Saybrook Capital have formed a partnership to create a fund that will invest in distressed and defaulted municipal bonds.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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