PGC's Epic receives offer for Moto, but potential stumbling block
Duncan Bridgeman Thu, 09 Jun 2011
Lingering weakness in the UK pound has put Pyne Gould Corporation’s troubled $155 million Epic Fund in a tight spot as it looks to sell its British investments.
Epic, which was set up in 2007 as a leveraged yield fund, is considering selling its stakes in Thames Water and Moto, which owns