Oliver Smiddy
A lack of exits, one-off refinancing fees and the poor performance of portfolio company ASEC Holding led to the firm posting a net loss of $26.4m, a 43% increase year-on-year.
There has been a pronounced increase in the number of dividend recapitalisations as firms seek alternative means to realise value from their investments, according to a Moody’s report.
There has been a pronounced increase in the number of dividend recapitalisations as firms seek alternative means to realise value from their investments, according to a Moody’s report.
There has been a pronounced increase in the number of dividend recapitalisations as firms seek alternative means to realise value from their investments, according to a Moody’s report.
Gatekeeper Altius Associates has held a first close for its second fund of funds on $50m after three months on the fundraising trail.
Distressed debt funds are attracting a lot of capital at the moment. But with banks apparently in denial about the extent of their problems, deals remain thin on the ground
Distressed debt funds are attracting a lot of capital at the moment. But with banks apparently in denial about the extent of their problems, deals remain thin on the ground
Equity Group Investments, a private equity vehicle backed by billionaire investor Sam Zell, is targeting $1bn for its next fund, which will focus on distressed debt.
Equity Group Investments, a private equity vehicle backed by billionaire investor Sam Zell, is targeting $1bn for its next fund, which will focus on distressed debt.
Equity Group Investments, a private equity vehicle backed by billionaire investor Sam Zell, is targeting $1bn for its next fund, which will focus on distressed debt.