Distressed Debt
Illiquid in nature we have invested in many distressed debt opportunities including:
- Companies which are insolvent and returns dependent on future liquidation proceeds
- The acquisition of companies’ bank and bond debt to secure ownership of the company through wholesale financial reorganization both private to private and public to private transactions
- Wholesale and partial acquisition of companies by purchasing distressed equity (both public and private)
- The provision of new financing to support companies going forward from PIPE transactions to development capital of private companies.
In the majority of these situations we have an active role in driving the financial restructuring and a continued role through board seat appointment to drive through exit strategy.