US-based credit specialist Alcentra has enjoyed a storming
rebound in the first half of the year with its Alcentra Global
Special Situations distressed fund, which is up nearly 57% to
the end of June.
The fund is run by seasoned distressed manager Damien Miller,
the global head of special situations for Alcentra. Miller
started his career as a distressed analyst at Barclays Capital
in London in 1997, when the European distressed market was
still in its infancy, and relocated to New York in 2002.
Miller was a senior member of the team during the major
distressed cycle of 2002-2004, which included...