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Basic Question 5 of 9

______ buy equity, debt, or trade claims at deep discounts of companies in or facing bankruptcy or reorganization.

A. Directional hedge funds.
B. Event driven funds.
C. Market neutral funds.

User Contributed Comments 3

User Comment
johntan1979 a.k.a. vulture fund
vatsal92 a.k.a. Distressed Debt Investing strategy under Event driven strategy
abeeman924 Check out Third Avenue Focused Credit
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Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh

Craig Baugh

Learning Outcome Statements

explain investment features of hedge funds and contrast them with other asset classes

describe investment forms and vehicles used in hedge fund investments

CFA® 2024 Level I Curriculum, Volume 5, Module 6.