The attorneys general of Illinois, California, Colorado, Minnesota and New York filed the lawsuit Thursday in federal court in New York, alleging federal officials have no legal or constitutional authority to freeze the money.
Franklin Templeton's credit arm Benefit Street Partners has scored $10bn of new investable capital through the final close of its latest real estate debt fund.
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Impact investor Creation Investments Capital Management has almost doubled the total raised for its debut credit fund through the more than $46m final close of its sophomore vehicle in the strategy.
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