Tag Archives: troubled companies


Spice Finance and 3 Degrees Launches Singapore/India Special Situations Private Equity Fund

June 1, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Spice Finance, the financial services arm of the $1.5 billion B. K. Modi Group, has entered into a first-of-its-kind strategic joint venture with Singapore-based 3 Degrees Asset Management to launch the Spice 3 Degrees Special […]

Obama tries to temper furor over AIG bonuses

March 24, 2009 : Permalink

Associated Press – President Barack Obama is trying to dampen a fire he once stoked, urging a more tempered response to public furor over bonuses paid to executives of the publicly rescued insurance giant American International Group. Obama is virtually […]

‘Distress funds’ buy Countrywide

February 19, 2009 : Permalink

Guardian Unlimited – Three "distressed debt investors" – hedge fund Polygon, restructuring specialist Oaktree and private equity firm Alchemy – have taken control of Countrywide, Britain’s biggest residential estate agent, which was bought by US private equity firm Apollo less […]