Wednesday, May 6, 2009

Chrysler Hold Outs Revealed

The treasonous, patriotic Non-TARP holdouts, who own $295 MM of first lien paper, include essentially 5 separate, relatively small funds:

Schultze Asset Management
Schultze Apex Fund
Arrow Distressed Securities Fund
Stairway Capital Management
Group G Partners
GGCP Sequoia
Oppenheimer Senior Floating Rate Fund
Oppenheimer Master Loan Fund
Foxhill Opportunity Master Fund

Which of course means that, in the vein of the Biblical allegory "if you are not with us, you are against us," almost 50 funds decided to side with Rattner...

Maybe their names are just as relevant, if not more:

Ahab
Akhantos
Archer
Avenue
Bennett
Caspian
Cetus
Chase
Concordia
Credit Suisse Candlewood
Crescent
CRS
Cyrus
DB
Feingold O'Keefe
Goldman Sachs Lending Partners
Good Stewart Trading
Harbourview
JP Morgan
Kamunting Street
Kensington
Mac Cap
Mariner
Merrill Lynch Credit Partners
MFP Partners
MSD
Newstart Factors
Oaktree
OCM Opportunities
Omnicom Capital
Pentwater
Perella Weinberg Xerion
Quattro
RBS
Sankaty
Satellite
Serengeti
Seven Bridges
SOF
Springfield
Sunrise
TCW
Teak Hill
Ulysses Partners
U.S. Treasury
Varde
Wexford
York Capital

The people will remember.


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