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WHERE THE VULTURE FUNDS NEST IN BREXIT BRITAIN
True Publica
11-14-19
The UK economy has seen a spike in corporate insolvencies, particularly in the retail, manufacturing and travel sectors since the EU referendum, and the heavy debt burden imposed by private equity has often been a factor. Vulture funds are now circling in search of freshly weakened targets, soon there will be plenty to choose from.
Vulture funds work a bit like this. A vulture fund is a hedge fund, private equity fund or distressed debt fund, that invests in debt considered to be very weak or in default, known as distressed securities.
They profit by buying up troubled firms, pile on substantial new debt, fiddle with .....
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https://www.globalresearch.ca/vulture-funds-nest-brexit-britain/5695074