Word: bennekom
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Dates: during 2000-2009
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Unlike vulture funds, which buy entire portfolios for a fraction of their worth, Heise, Rempt and partner Hans van Bennekom want to use their business acumen and contacts to save the companies in venture firms' portfolios. "The idea is to look at companies on a case-by-case basis and see if we can get them to perform," says Rempt. If a business cannot be turned around, SecondWind will use its contacts to try to find a buyer for the assets. SecondWind this month attracted its first customer - one of the largest Dutch captive funds, and one that preferred...
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