PDI Picks – 7/15/2019

Distressed managers find favour with investors in H1 2019

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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.