Hedge Funds Cerberus\, SSG Compete over India Shadow Bank Altico

Hedge Funds Cerberus, SSG Compete over India Shadow Bank Altico
A pedestrian holding an umbrella is reflected in a window of a building in New York, U.S. (Photographer: Michael Nagle/Bloomberg)  

Hedge Funds Cerberus, SSG Compete over India Shadow Bank Altico

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(Bloomberg) -- Competition for ownership of Indian shadow bank Altico Capital India Ltd. has revived with the re-entry of Cerberus Capital Management LP into the race.