Sun Hung Kai Financial launches recovery fund
The fund will be managed by Paulson & Company, best known for successfully betting against US subprime loans.
Sun Hung Kai Financial has launched a recovery fund that will identify investment opportunities within a select group of distressed global financial companies worldwide. The fund is open only to professional investors.The fund will be a Cayman Island vehicle managed by the $28-billion New York-based hedge fund Paulson & Company, which specialises in merger arbitrage, event-driven and distressed investing. Paulson is famous in investment circles for aggressively betting against US …
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.