PDI Picks – 6/24/2019

Distressed debt grows
despite mixed feelings from investors


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Distressed debt fundraising dropped off in 2018, but numbers from the first half of 2019 indicate that investor appetite is turning around.

In interviews for PDI’s upcoming cover story that takes a deep dive into distressed debt, many investors said they weren’t interested in the strategy, citing reasons like risk or high valuations. However, the mood surrounding the strategy looks to be changing