Corvid peak expands asset management platform

New york--(business wire)--corvid peak capital management llc (“corvid peak”), a subsidiary of tiptree inc. (nasdaq: tipt) (“tiptree” or the “company”) announced today that it has reached an agreement in principle for the coherence capital management (“coherence”) team of lazard asset management to join corvid peak. coherence manages a liquid long/short credit hedge fund strategy with approximately $150 million of assets under management, including the coherence long/short credit fund, which wa.
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