Dalton preps distressed mortgage strategy

Mon Mar 31, 2008

Dalton Investments, a $1.1 billion investment manager in Los Angeles, is preparing to launch a hedge fund on June 1 that will invest in distressed mortgage securities. As part of that effort, Dalton has hired Todd Sherer, a former mortgage trader at Countrywide Asset Management, to manage the fund....

ISSN: 2151-1845 / CDC10004H

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