Distressed fund offered by Platinum

Platinum Capital Management has launched a distressed securities fund, the Platinum Turnberry Fund, which focuses on medium to long-term capital growth from investment in stressed and distressed corporate debt. Platinum Turnberry is available internationally, to qualified investors. The fund has a target return of 20% per annum. The Cayman Islands-domiciled Platinum Turnberry fund will invest in Turnberry Master, which achieved +33% for 2003 YTD by the end of September. The underlying fund is managed by Turnberry Capital Management of Greenwich, Connecticut, who are primarily investors ...