Distressed managers find favour with investors in H1 2019
The biggest challenge for such shops will be where to find chances to deploy capital should no extended period of topsy-turvy markets ensue.
Distressed debt fundraising has come back in a big way in the first half of the year, according to Private Debt Investor’s fundraising data.
In that time period, distressed vehicles collected almost $36 billion. This exceeds the more than $25 billion such funds collected all of last year.