Skip to main content
Popular Press
Vulture Funds and Sovereign Debts
The SISGI Group (2011)
  • Ufuoma Barbara Akpotaire, Columbia University

A couple of years ago, celebrities like Bono and highly respected individuals like Nelson Mandela brought our attention to the importance of debt relief and what such relief might mean to developing countries. Ironically, at the same time, many countries began to understand the importance of having a secondary market for debt especially when dealing with sovereign borrowing and lending. This development led to many new investors, one of which was nicknamed the vulture fund, and the controversy for debt relief versus vulture funds began.

So what is a vulture fund?

Well, I believe the definition usually depends on whose perspective you chose to define the fund. From the point of view of many developing countries,...

  • Africa,
  • creditor,
  • development,
  • hedge funds,
  • private equity,
  • vulture funds,
  • vulture investors,
  • sovereign debt,
  • secondary markets,
  • Zambia
Publication Date
Spring April 11, 2011
Citation Information
Ufuoma Barbara Akpotaire. "Vulture Funds and Sovereign Debts" The SISGI Group (2011)
Available at: