T. Rowe Price Asset-Backed Opportunity Fund Raises $81M - CBL

By Citybizlist Staff

BALTIMORE -- T. Rowe Price Term Asset-Backed Opportunity Fund LLC has raised $80.9 million through an offering of equity and pooled investment fund interests, according to a Reg. D filing with the U.S. Securities and Exchange Commission.

The sole principal named in the filing for the start-up private-equity fund is T. Rowe Price Associates Inc., of Baltimore-based T. Rowe Price.

T. Rowe (Nasdaq: TROW) provides domestic and international equity funds, as well as taxable, tax-free and international bond funds. The company is managing more than $315 billion in assets.

Reg D filing: http://tinyurl.com/ycxnygf

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