This content is from: Premium
Perry makes back 2008 losses, eyes debt in 2010
It was a wild ride in 2009, but the obligation to pay off debt stands squarely in the path of a strong recovery, argues Perry.
Following its first losing year in two decades, Richard Perry’s $7 billion Perry Capital has nearly recouped all of its 2008 losses. The flagship multistrategy fund, Perry Partners International, gained 25.2% in 2009 after plummeting 26.8% in 2008. The firm attributes last year’s performance to clever credit investments, which powered
To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.