Distressed

Ex-Citi Bond Chiefs To Start Hedge Fund

Two former Citigroup bond chiefs plan to join the club of investment bankers turned hedge fund managers...

Debtholders Reject Consent Solicitations

Portfolio managers are going to put up more resistance to changes in bond and loan agreements, meaning there will be tougher negotiations ahead ...

GSO And Monarch Raising Distressed Funds

In anticipation that more borrowers will default as the U.S. economy weakens, GSO Capital Partners and Monarch Alternative Capital are reportedly raising money to invest in distressed companies...

Bear's Distressed Debt Team Joins Tudor

A team of distressed debt bankers from Bear Stearns is joining hedge fund Tudor Investment Corp. to lead a new investment management business specializing in credit-related strategies...

Investors Warming Distressed Bench

Private equity groups, banks, hedge funds and others have raised large pools of capital to invest in distressed debt. However, the size and scope of the opportunity is still unclear, and market developments have not given a definitive signal for the right time to invest...

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