« Back to Glossary Index« Back to Glossary Index
Tags: finance
Categories: Economics & Finance
A pool of investment money used to purchase distressed financial assets or real estate at bargain prices. Vulture funds are relatively risky but offer large potential profits. The performance of a vulture fund is dependent upon the skill of the fund’s managers in identifying and purchasing undervalued assets that can be turned into profitable investments.
(source: http://financial-dictionary.thefreedictionary.com/Vulture+Fund)
Related Articles: