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Credit Suisse Fund Lent to Billionaire Greensill’s Neighbor

  • It held $15 million in loans to company, Special Needs Group
  • Fund has recently disposed of the assets, people familiar say
Credit Suisse Group AG Trading Swings Back to Profit in Boost for CEO Tidjane Thiam
Photographer: Stefan Wermuth/Bloomberg
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Two months ago, Credit Suisse Group AG overhauled a group of funds it runs with Lex Greensill’s eponymous firm to end an unusual arrangement with a large investor that had sparked concerns about conflicts of interest.

Turns out, that wasn’t the only relationship in the multibillion-dollar strategy that may have been somewhat out of the ordinary.