{"id":10536,"date":"2009-05-07T00:00:00","date_gmt":"2009-05-07T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"perskys-dalton-hedge-fund-to-bet-on-distressed-debt","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2009\/perskys-dalton-hedge-fund-to-bet-on-distressed-debt.html","title":{"rendered":"Persky&#8217;s Dalton hedge fund to bet on distressed debt"},"content":{"rendered":"<p>Reuters &#8211; Hedge fund manager Steven Persky plans to start betting on companies&#8217; bad fortunes again.       <\/p>\n<p> Persky, who runs $1 billion hedge fund firm Dalton Investments, said on Wednesday he will re-launch his distressed debt strategy three years after liquidating two similar portfolios when the strong economy made such investing difficult.<\/p>\n<p> Now that times have changed dramatically, Persky is among a handful of fund managers who expect to make money for their wealthy clients in the distressed area.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.reuters.com\/article\/marketsNews\/idUSN0627474520090506?rpc=77\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Hedge fund manager Steven Persky plans to start betting on companies&#8217; bad fortunes again. Persky, who runs $1 billion hedge fund firm Dalton Investments, said on Wednesday he will re-launch his distressed debt strategy three years after liquidating [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1570,11370,11368,11367,1182,4602,2178,720,676,37,1482,48,11369,5987,4326,290],"class_list":["post-10536","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-1-billion","tag-dalton","tag-debt-strategy","tag-distressed-area","tag-distressed-debt","tag-economy","tag-fortunes","tag-fund-managers","tag-handful","tag-hedge-fund-manager","tag-investments","tag-money","tag-persky","tag-portfolios","tag-reuters","tag-wealthy-clients"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10536"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10536\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}