Perry Capital Invests in Financing Educations

Summary


NEW YORK (HedgeWorld.com) - The event-driven hedge fund Perry Capital LLC joined with CRT Capital Group LLC, a Stamford, Conn.- based investment bank, to make a substantial equity investment in the student loan company MRU Holdings Inc.

New York-based MRU announced that Nomura Holdings, a major warrant stakeholder, will convert and sell 4.8 million warrants to CRT and Perry, for net proceeds to MRU of $16.8 billion.

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Perry Capital Invests in Financing Educations

Edwin McGuinn, chairman and chief exe...

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