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Dalton Investments Launches Distressed-Debt Strategy
Dalton Investments Launches Distressed-Debt Strategy | ||
| Date: May 9th, 2009 | ||
| Dalton Investments launched a distressed-debt strategy this month. From 1999-2006, the firm had successfully run a similar strategy, but it shut it down when it came to the conclusion that there was a lack of compelling investment opportunities. According to Reuters, the new strategy will be managed by CEO Steven D. Persky and portfolio manager Swaraj Chowdhury. | ||
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