Reuters reveals betting on a recession, U.S. distressed debt funds seek fresh capital

Reuters took readers on a deep dive into how several U.S. distressed debt asset managers are in fundraising talks with investors to boost their firepower, anticipating that a recession will create more opportunities to snap up and profit off troubled companies’ debt. Some investors, though, are skeptical that enough suitable targets exist and doubt a recession will dramatically boost record-low corporate defaults. 

The post Reuters reveals betting on a recession, U.S. distressed debt funds seek fresh capital appeared first on Reuters News Agency.

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