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Contrarian Capital raises $258m for third debt fund

by Zoë Wolff

Contrarian Capital has raised $258.1 million for its Contrarian Distressed Real Estate Debt Fund III, according to a filing with the SEC.

The fund, which launched in February 2015, is seeking to raise $427.5 million and will invest in U.S. distressed mortgages, debt and properties. The fund has received commitments from the Denver Employees Retirement Plan and theIowa Municipal Fire & Police Retirement System.

Contrarian Distressed Real E

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