Future is unclear for the Brisbane-based asset manager as receivers are appointed after ‘significant instability and uncertainty’ at Blue Sky.
4 min read · 20 May 2019
The appointment comes as the global economic cycle is “more advanced”, according to the firm’s chief executive.
1 min read · 10 May 2019
Clearlake Opportunities Partners Fund II is targeting $1bn, double its $500m target from Fund I.
2 min read · 09 May 2019
It’s all in the timing, or is it? We speak with Howard Marks and Bruce Flatt about the deal that has everyone talking.
2 min read · 29 April 2019
A November report from the European Commission estimated total NPL volume in the EU to be €820bn.
2 min read · 18 April 2019
For distressed debt firms concerned about a lack of dealflow, there’s a simple solution: do litigation funding instead.
3 min read · 04 April 2019
The firm is targeting a 20-30% internal rate of return and 2x-3x multiple on capital, according to Pennsylvania pension fund documents.
2 min read · 03 April 2019
The firm hired Robert Carroll as a managing director and head of distressed trading, and Adam Maitin as a vice-president on the trading desk.
2 min read · 27 March 2019
Fundraising was down last year, but distressed investors take heart from the gathering political storm clouds, reports David Turner
5 min read · 27 February 2019
The organisation’s savings and insurance arms will jointly commit up to $200m to the strategy.
2 min read · 26 February 2019
