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Japanese Hedge Fund 21st Century Asset to Seek Takeover Targets

Bloomberg – 21st Century Asset Management Co., run by former Nomura Asset Management Co. executive Takanori Shimizu, said it may seek growth through takeovers after the worst year on record for hedge...

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‘Distress funds’ buy Countrywide

Guardian Unlimited – Three "distressed debt investors" – hedge fund Polygon, restructuring specialist Oaktree and private equity firm Alchemy – have taken control of Countrywide, Britain’s biggest...

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