Avenue raises $2.8bn for new Europe distressed fund
Mon Jul 23, 2012
Avenue Capital, the $12.5 billion New York-based distressed
investing firm led by Marc Lasry, has raised almost $3 billion
for its second European special situations fund in a move that
dramatically underlines the appetite among global investors to
exploit opportunities in the crisis-torn European area.
The Avenue Europe Special Situations Fund II, which has a
long-term locked-in capital structure, recently launched
ISSN: 2151-1845 / CDC10004H
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