[5] In December 2012, Allied World Assurance, a publicly traded insurance company, acquired a minority interest in the liquid credit business of MatlinPatterson.
MatlinPatterson's liquid trading strategies seek to generate profits from changes in the price of securities or claims, with the firm remaining largely uninvolved in a restructuring process or distressed company.
Since 1994, MatlinPatterson and its predecessor entities have invested approximately $6 billion across 380 passive and active non-control strategies.
Ericsson ultimately outbid NokiaSiemens and MatlinPatterson, paying almost double the initial "stalking horse" bid of $650 million.
This deal won the operational excellence award for the healthcare segment from Private Equity International magazine.
[13] Between January 2009 and November 2010, MatlinPatterson invested $1 billion to become the controlling shareholder of Flagstar Bancorp of Troy, Michigan.