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Basis Capital seeks Bankruptcy Protection on subprime crises
Rahul Bhandari | Sep 10 2008
us bankruptcy court
Australian hedge-fund manager Basis Capital Funds Management Ltd. sought bankruptcy protection for its Yield Alpha Fund after it suffered big losses due to the U.S. subprime-mortgage crisis. The fund sought Chapter 15 bankruptcy protection in U.S..
Tags: Basis Capital Funds, Yield Alpha Fund, Chapter 15, Robert Gerber, Yen, U.S. subprime-mortgage, Blackstone, Business, Related : cash advance

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