D3 Family Fund invests in Asset Acceptance

By Lisa Kerner

Charlotte, N.C., March 10 - Investors led by D3 Family Fund, LP bought 2,280,609 shares of Asset Acceptance Capital Corp. stock for an initial 6.9% stake in the company.

The shares were purchased between Jan. 24 and March 7 priced from $8.39 to $10.38, according to a schedule 13D filing with the Securities and Exchange Commission.

Asset Acceptance is a Warren, Mich.-based purchaser and collector of charged-off consumer debt.

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