Dalton Investments Launches Distressed-Debt Strategy

May 9th, 2009
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Dalton Investments launched a distressed-debt strategy this month. From 1999-2006, the firm had successfully run a similar strategy, but it shut it down when it came to the conclusion that there was a lack of compelling investment opportunities. According to Reuters, the new strategy will be managed by CEO Steven D. Persky and portfolio manager Swaraj Chowdhury.
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Dalton Investments
Related People: Gifford Combs; James Rosenwald III; Steven Persky
Related Entities: Dalton Asia Fund; Dalton Distressed Credit; Dalton Distressed Credit; Dalton Greater China; Dalton J-Reit Fund; Rosenwald, Roditi & Company, Ltd.
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings

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