What is a Vulture Fund?



vulture-fund -fund finance

Looking at Samsung C&T these days, there is a Vulture Fund.

What kind of fund is this?

Is it a fund that individuals can join?


767 2015-06-08 Gentleman

A. 1

The word culture refers to a bald eagle.
It plays a role in cleaning up bankrupt companies and insolvent companies.
Usually, bankrupt companies and insolvent companies are bought at low prices, rehabilitated, and sold at high prices to make profits.


Gentleman 10 years ago 0

A. 2

Samsung C&T is not a regular Vulture Fund method.
It's similar to the Sovereign incident at SK kk


Gentleman 10 years ago 0

A. 3

Vulture Fund is a private equity fund, so individuals cannot join it


Gentleman 10 years ago 0


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