Financial Times FT.com

Listed vehicles suffer in the turmoil

By James Mackintosh

Published: August 30 2007 20:23 | Last updated: August 30 2007 20:23

Amid the litany of disasters emerging from hedge funds and investment banks, some of the most public suffering is at the stock market-listed structured credit vehicles.

Until March, few had heard of companies with names such as Caliber, Carador, Queen’s Walk, KKR Financial Holdings or Eurocastle, in spite of their having raised billions of dollars.

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