Distressed Investors Are Bullish on China Distress
"Bankruptcy could become common". Ruh roh. Let the vulturing begin. NowShoreVest Capital Partners is following (firewall) Bain Capital and Oaktree Capital Management into China with a $750mm fund. And they're not alone: JP Morgan's Vice Chairman of Asia Pacific is starting his own distressed fund focusing on non-performing Chinese loans.
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