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Investment Fund
Latest Headlines
Latest Headlines
PIMCO aims to buy more bank stakes
How's this for bullishness on banks? PIMCO has set up an investment fund to buy distressed banks. The $2.3 billion fund has already set its sights on a deal.
According to Reuters , the Federal Reserve Bank of Richmond is reviewing an application for a company run by the PIMCO Bravo Fund to
Cerberus founder now top gun magnate
The most powerful person in the gun industry is none other than Stephen Feinberg ( Stephen Feinberg news), founder of Cerberus ( Cerberus news), the alternative investment fund. Cerberus has invested heavily in the gun industry, buying up the likes of DP MS, Bushmaster, Remington and Marlin.
