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Tudor preps distressed vehicle with ex-Bear team

August 26, 2008  

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Tudor Investment is gearing up a distressed and high-yield fund to take advantage of the unfolding distressed cycle. Tudor Distressed Debt will be managed by Bear Stearns alumni Gregory Hanley and Alan Mintz and is expected to begin trading on October 1. Tudor's flagship Tudor BVI Global will commit $300 million to seed the portfolio.

Hanley and...

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