PDI Picks – 3/14/2022

Why large-scale distress may be back in fashion


For big distressed debt funds, identifying sufficient dealflow has been a challenge. But do such investors now have a ‘perfect storm’?

With the world in a state of flux, it seems an appropriate time to revisit the distressed market and see whether there is a sense that today’s dramatic events – ranging from inflation and rate rises to war on the European stage – might produce a new wave of activity.