International Finance

Tag : vulture funds

FinanceWealth Management

Vulture Funds Threat to HIPC

The term “vulture fund” refers to a hedge fund that seeks to profit by buying up the distressed debt on secondary markets at a below par price, and then trying to recover ten times the purchase price, often by suing in U.S. or European courts. 26th August 2013 Last month, two hedge funds took a...