Meaning of Vulture Fund

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There's a Vulture Fund. What kind of fund is this? Is it a fund that individuals can join?

173 3 8 years ago

pu1. Vulture is 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

2017-12-15

pu2. Vulture Fund is a private equity fund, so individuals can't join it

2017-12-15

pu3. Thank you for the good information!

2017-12-15

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