NEW YORK--(BUSINESS WIRE)--Fitch Ratings has updated its Investment Manager and Alternative Funds Criteria report, which applies to the ratings of traditional investment managers, alternative investment managers, business development companies and alternative funds. The updated criteria report replaces the existing report of the same name that was published on Dec. 17, 2012.
Changes to the criteria report are solely intended to provide appropriate clarifying language regarding Fitch's analytical approach, and do not reflect any changes in Fitch's analysis. As such, no rating implications arise as a result of the updated criteria report.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research: Investment Manager and
Alternative Funds Criteria