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Credit Hedge Funds: Full Guide to the Industry, Strategies, Recruiting, and Careers

Brian DeChesare

To simplify, we can say that credit hedge funds operate in three main areas: Long/Short Credit – It’s similar to long/short equity , but with bonds rather than stocks. See the Structured Finance article for more; subcategories include mortgage-backed securities (MBS), asset-backed loans (ABL), and collateralized loan obligations (CLO).

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