Avenue taps $2 billion for new European distressed debt fund

Wed Jan 25, 2012

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Avenue Capital, the $1 2 billion New York-based global distressed debt specialist led by Marc Lasry, has raised $2 billion for its second Europe-focused fund at a time of growing interest among hedge funds in the sovereign and corporate distressed investing opportunities arising from the Eurozone debt crisis and the problems facing the...

ISSN: 2151-1845 / CDC10004H

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