Fund to repay investors securities not cash
对冲基金GOLDENTREE“以贷代现”偿还投资者


引发诸多投资者抗议

Hedge funds such as GoldenTree warn investors in offering documents that they have the right to pay investors back “in kind” not cash. However, such payments in kind have been highly unusual until the current credit crisis, which has led hedge funds to place a variety of restrictions on investors trying to pull out their money.

GoldenTree等对冲基金在销售文件中警告投资者,它们有权“以货”偿还投资者,而不是用现金。不过,直到当前这场信贷危机前,这种以货支付的方式一直非常少见。信贷危机已致使对冲基金在投资者试图赎回资金方面施加了各种限制。

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