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Wikipedia definition
1. Lone Star FundsLone Star Funds is a worldwide private equity firm based in Dallas, Texas, that specializes in purchasing distressed companies and assets. It also purchases under-performing and non-performing loans from banks. The company has been active in Germany in purchasing such loans. Lone Star has affiliate offices in London, Tokyo, Dublin, Brussels, Luxembourg, and Frankfurt. Its general partner is a Bermuda-based entity headquartered in Hamilton . John Grayken is the company's founder and chairman.
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