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Aurelius, Alyeska Inspire Next Stage of Litigation Finance
Encouraged by the promise of returns, hedge fund newcomers are at the forefront of a slowly developing niche of Wall Street.
Fulbrook Capital's Selvyn Seidel (top) and Bentham Capital CIO Ralph Sutton.The biggest leveraged buyout in U.S. history was a “spectacular failure,” according to one New York hedge fund. The $43 billion deal, inked in 2007, was “hemorrhaging cash” within a year. It was also showing signs of an “untenable capital structure,”
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