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Access here alternative investment news about Anchorage Capital Sees Bigger Things Ahead For This Retailer Than Its Paltry 41% Returns This Year
Hedge Funds

Anchorage Capital Sees Bigger Things Ahead For This Retailer Than Its Paltry 41% Returns This Year

by insidermonkey.com posted 3years ago 16260 views
Let’s provide a brief introduction to Anchorage Capital Partners, which was founded in 2003 and is one of the largest U.S distressed credit hedge funds. The firm primarily invests in credit, special situations and illiquid investment markets in North America and Europe by employing an active long/short strategy. However, Anchorage Capital Partners tends to specifically focus on defaulted and leveraged issuers. Anthony Davis, one of the co-founders of the firm, announced his retirement to investors last year. In the meantime, the New York-based firm manages a public equity portfolio with a market value of $7.28 billion as of June 30. We...