December 3, 2023

Funding guide Aksia LLC rescinded its approval for Brookfield Asset Administration’s special-situations fund after two prime executives left, based on individuals conversant in the matter.

Chief Funding Officer Angelo Rufino’s latest exit got here after the departure earlier this 12 months of the group’s former head, David Levenson, stated the individuals, who requested to not be recognized discussing personal issues. Rufino is heading to Bain Capital to be a senior member of its special-situations arm, individuals conversant in the state of affairs advised Bloomberg two weeks in the past.

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