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Centrum Capital to form alternative asset management unit

Centrum Capital Ltd. will establish a new multistrategy alternate asset management business and named Shujaat Khan as managing director and head of the unit.

Centrum Asset Management will invest in public market equities, private equity, structured credit, real estate and distressed debt. Khan, who is co-founder and managing director of Blue River Capital, will lead the business' strategy, governance, fundraising and investment decisions, the company said Jan. 30.

The new unit is expected to scale up the company's asset business.