vulture fund investment & finance definition
A
fund that is started by a group of investors who intend to purchase distressed
assets at a fraction of their value. The assets may be businesses, debt, or
real estate.
See vulture fund in Wall Street Words
A pool of investment money used to purchase distressed financial assets or real estate at bargain prices. Vulture funds are relatively risky but offer large potential profits. The performance of a vulture fund is dependent upon the skill of the fund's managers in identifying and purchasing undervalued assets that can be turned into profitable investments.
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