Bear Stearns Merchant Banking Acquires Stake in Cavalry Investments
Bear Stearns Merchant Banking, the private equity affiliate of Bear, Stearns & Co. Inc., has acquired a significant minority equity stake in debt-buying firm Cavalry Investments LLC, which acquires and then collects distressed consumer loan portfolios. Terms of the transaction were not disclosed. Bear Stearns Merchant Banking has acquired a significant minority interest in Cavalry, […]