Board of Investments, Department of Commerce, Financial Audit for the Fiscal Year Ended June 30 .. 2005
The book Board of Investments, Department of Commerce, Financial Audit for the Fiscal Year Ended June 30 .. 2005 was written by author Montana. Legislature. Legislative Audit Division Here you can read free online of Board of Investments, Department of Commerce, Financial Audit for the Fiscal Year Ended June 30 .. 2005 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Board of Investments, Department of Commerce, Financial Audit for the Fiscal Year Ended June 30 .. 2005 a good or bad book?
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Distressed debt represents the private and public debt of companies that appear unlikely to meet their financial obligations. This debt is attractive to investors, not for repayment of interest and principal, which are unlikely to be paid, but for the claim placed on the firm's value by unpaid creditors. Without undue principal risk, distressed debt investment managers seek capital appreciation through the sale of restructured debt obligations or newly issued securities. Special situation inves...tments include the investment in the exploration for oil and/or gas reserves or in the development of proven reserves, investment in land to harvest timber, and investments that have a special component usually related to geographical, economic, or social issues. Secondary investments are investments in previously owned limited partnerships. These investments may be direct or via a general partner specializing in secondary investments. Private equity investments are long-term, by design, and extremely illiquid.
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