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	<title>Hedge Fund News From HedgeCo.Net &#187; debt holders</title>
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		<title>Spice Finance and 3 Degrees Launches Singapore/India Special Situations Private Equity Fund</title>
		<link>http://www.hedgeco.net/news/06/2009/spice-finance-and-3-degrees-launches-singapore-india-special-situations-private-equity-fund.html</link>
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		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; 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 Opportunities Fund. Chaired by turnaround management specialist, Dr Divya Modi, Executive Director of Spice Finance, [...]]]></description>
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		<title>Distressed debt funds line up new year raids</title>
		<link>http://www.hedgeco.net/news/12/2008/distressed-debt-funds-line-up-new-year-raids.html</link>
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		<pubDate>Mon, 22 Dec 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[Telegraph.co.uk &#8211; Industry sources say private equity and distressed debt specialists have raised about $26bn (&#163;17bn) since the start of October, with some 80pc coming from hedge funds. Distressed debt funds, which buy debt that is trading at a discount because the borrower is at risk of defaulting, have been around for years but specialists [...]]]></description>
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