WSJ News Exclusive | Oaktree Raises About $3 Billion for Latest Special-Situations Fund

[ad_1] Dec. 13, 2023 7:00 am ET|WSJ Pro Oaktree Capital Management has closed its third special-situations fund to invest in midmarket companies struggling with high debt or other financial challenges.…

China Property Bonds Looked Cheap at 20 Cents on the Dollar. They Weren’t.

[ad_1] Updated Oct. 17, 2023 12:06 am ET China’s property market meltdown created a multibillion-dollar opportunity for distressed-debt investors. It hasn’t paid off. Copyright ©2023 Dow Jones & Company, Inc.…

EV Startup Lordstown, Once an Ohio Town’s Savior, Files for Bankruptcy

[ad_1] The electric-truck maker, once cheered by investors during the SPAC boom and lauded by former President Donald Trump as a savior for a closed GM factory in Ohio, filed…

WSJ News Exclusive | Wall Street’s New Trade: Covid-19 Insurance Claims

[ad_1] Distressed-debt specialist Avenue Capital has snapped up part of Caesars’ pandemic-related insurance claim at a steep discount. [ad_2] Source link

Adani Group Bonds Claw Back Losses After Distressed-Debt Investors Pile In

[ad_1] Markets Conglomerate’s ports subsidiary plans to repay more than $600 million of debt [ad_2] Source link

Founders of Bankrupt Three Arrows Capital Plan Trading Platform for Distressed Crypto Debt

[ad_1] Markets Currencies Cryptocurrency Startup’s pitch to investors estimates a $20 billion market for claims against fallen crypto companies [ad_2] Source link

Crypto Customers Sell Claims at a Loss to Avoid Bankruptcy Wait

[ad_1] Some customers with accounts stuck in failed cryptocurrency companies are choosing to take a big loss on their investments now to avoid dealing with uncertainties in drawn-out bankruptcies. At…