Tag Archives: debt fund

Hedge funds to buy EDF’s Eggborough power plant

Reuters UK – Lenders to Eggborough, a large coal-fired power station, have exercised an option to acquire the plant, owner EDF said on Thursday. The lenders, which include Bluebay’s distressed-debt fund, gained the right to acquire the 1,960 MW station […]

Update – Hedge Fund Manager Capitalises On Mispriced Asian Performing Debt

West Palm Beach (HedgeCo.net) – Singapore hedge fund manager, 3 Degrees Asset Management, is launching ADF Prime Ltd, a credit opportunities fund that will invest primarily in the performing debt obligations of Asian companies that have been mispriced as a […]

Bain Capital raises $475m for latest fund

Boston Globe – Despite the gloom gripping the markets, Bain Capital has raised $475 million for a new venture capital fund, according to two executives with direct knowledge of the fund. It is the firm’s fourth fund that invests in […]

Distressed debt funds line up new year raids

Telegraph.co.uk – Industry sources say private equity and distressed debt specialists have raised about $26bn (£17bn) since the start of October, with some 80pc coming from hedge funds. Distressed debt funds, which buy debt that is trading at a discount […]