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Buyers Battle for Europe's Bad Loans.

Authors :
Enrich, David
Eder, Steve
Source :
Wall Street Journal - Eastern Edition. 5/23/2011, Vol. 257 Issue 119, pC1-C3. 2p. 1 Map.
Publication Year :
2011

Abstract

The article discusses the interest of hedge funds and private-equity firms in acquiring distressed debt from European banks. Marathon Asset Management Co., Fortress Investment Group LLC, and OakTree Capital Management are among buyers who have taken advantage of banks' willingness to shed assets at attractive prices.

Details

Language :
English
ISSN :
00999660
Volume :
257
Issue :
119
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
60731280