Distressed Debt Funds Accumulate Record Dry Powder

Distressed debt fund managers focused on North America and Europe have seen their dry powder increase by US$9.1 billion to a total of US$55 billion at the end of 2015, the largest increase since 2010, says data released by industry tracker Preqin. Fundraising for these regions remained steady in 2015, as 11 funds closed raising […]

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