Morgan Hedge | Hedge Fund Database

Investors seek return of $5.5bn from Ceberus

Date: MON, AUG 31 2009
Topic: Funds & Investment

According the Times Online, Investors in Cerberus are seeking the return of more than $5.5bn from Ceberus.

Cebrus, which has several hedge funds and a private equity unit that invests in distressed businesses, has in the past made a series of poor investments, including the acquisition of GMAC, General Motorsā?? finance division, and of Chrysler, the bankrupt carmaker.







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