From a U.S. bankruptcy perspective, distressed debt investing is often based on two fundamental principles in the bankruptcy system: 1) a secured creditor is entitled to the value of its collateral in ...

When investing in distressed debt, diversifying among different strategies within the asset class is well worth considering, says Tod Trabocco at Cambridge Associates. Distressed debt can enhance and ...

Tepper's recent picks signal some of the most durable and high-potential opportunities in the AI infrastructure space.

George J. Schultze is managing member and founder of Schultze Asset Management LP, an award-winning alternative investment firm specializing in distressed and event-driven investing. Since its ...

Distressed debt investors are piling into a new strategy to make money from troubled companies. For decades, their playbook was simple: buy corporate bonds and loans when they first drop in value and ...

“The best period for buying distressed debt in our careers was 12 to 18 months ago,” declared Apollo Management’s Leon Black in February this year. “Now there are opportunities for restructurings on a ...

Otherwise, you’re just holding the equity stub of a dying business. This is where deep value investing, done right, has to ...

A trade that netted hedge fund Promeritum Investment Management returns of over 30% has run its course, according to its co-founder, who is switching out of distressed emerging-market dollar bonds ...

Martin Sass celebrates his thirtieth year in the distressed-debt investing business this year. He is in no doubt that business prospects are the best he's ever seen. Sass, chairman of MD Sass ...

LONDON (Reuters) - Lebanon's defaulted government bonds have nearly quadrupled in price over the past year as investors bet on signs of economic recovery but a wild variance in estimates of their ...

Avenue Capital Group, founded in 1995 by Marc Lasry and his sister Sonia Gardner, built its reputation by succeeding in markets where others saw only failure. While many investors avoided distressed ...

LOS ANGELES--(BUSINESS WIRE)--Oaktree Capital Management, L.P. (“Oaktree”) today announced the successful final close of Oaktree Opportunities Fund XI and its related vehicles (“Opps XI” or “the Fund” ...