KKR, Others Make Contrarian Bets in JUNK BONDS

Discussion in 'Trading' started by ASusilovic, Aug 17, 2007.

  1. Kohlberg Kravis Roberts & Co. is always looking for new ways to make money and the current downward spiral in the market may have given the giant buyout firm the opportunity to do just that.

    KKR is raising money from investors for an existing fund that will invest in junk bonds and high-yield loans, which were destined to finance large leveraged buyouts, which are now on hold, BusinessWeek reported Thursday [Aug. 16].

    http://www.hedgeworld.com/news/read_news.cgi?section=peop&story=peop3144.html

    Good Idea ! :D