Distressed Opportunities Funds I and II

Contact: Maria Boyazny

The Distressed Opportunities Funds I and II were formed to assemble a diversified portfolio of "best of class" investment funds investing in securities of companies undergoing financial distress, operating difficulties or restructuring, as well as allocate capital to direct investment opportunities in similar situations.

A certain level of distressed investment and restructuring opportunities can be identified regardless of the broader economic cycle and can produce solid returns even in low-default environments. Multiple economic and market trends, including the dramatic relaxation of debt underwriting standards over the past several years, are likely precursors to a new cycle of rising default rates and an increasing supply of credits trading at substantial discounts to par value, generating significant opportunities for distressed and turnaround specialists.

Given the variety of investment strategies, approaches and structures used by funds addressing the sector, investing in a diversified pool of funds from the top management teams provides the best opportunity to exploit the performance potential of distressed investing.