Hedge Fund News From HedgeCo.Net

Analysis: Hedge funds in search of distress take a look at Detroit

Reuters – In the past two decades, a group of specialized hedge funds have transformed corporate bankruptcies, injecting much-needed capital while at the same time drawing fire as “vultures.”

Now these same funds may be poised to descend on another landscape: struggling cities and counties – and no place beckons more than Detroit.

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