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HedgeNordic comments on the handling of the redemption for SCFI

Scandinavian Credit Fund I provides senior secured loans with a maturity of between three and 48 months to small and medium-sized companies in Scandinavia. Since the direct lending fund offers monthly liquidity, there is a mismatch between the fund's liquidity terms and the liquidity of the underlying investments, previously explained by our CIO Fredrik Sjöstrand. This mismatch was particularly noticeable during the month of March due to the rapid preference for liquidity from investors during the covid-19 panic.

Read more at https://hedgenordic.com/2020/04/fund-gated-due-to-mismatch/

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