Lots of Distressed Fund Activity
Distressed Funds Are Raising a Lot of Dough
Castlelake announced that it closed - in a swift four-month fundraising push - its latest fund at $2.4b. The fund will focus on global aviation and distressed assets in North America and Europe. Glendon Capital is targeting a $2b distressed debt fund. Elsewhere in distressed, there ain't much to do other thanto…
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