B. Riley Financial announced the launch of B. Riley Financial Sponsors Group. The team will focus on developing and maintaining relationships with alternative capital managers, including private equity firms, family offices, sovereign wealth, credit...
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November 19, 2020, 08:30 AM
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A hedge fund that promised to turn around the popular discount shoe retailer Payless ShoeSource after its emergence from Chapter 11 in 2017 instead let it whither on the vine, eventually landing the company back in bankruptcy court in February...
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April 29, 2019, 09:15 AM
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As part of its Future of Alternatives initiative, Preqin predicts that the alternative assets industry – comprising private capital and hedge funds – will reach $14tn in assets under management by 2023. The industry currently holds $8.8tn in assets...
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October 24, 2018, 08:00 AM
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A Reuters news story reports cash-strapped electronics retailer RadioShack Corp has reached an agreement with a consortium led by its largest shareholder Standard General LP to refinance about $590 million of loans to re-stock ahead of the holiday...
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October 03, 2014, 07:29 AM
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In a recent article CFO writer Vincent Ryan explores whether or not hedge funds and other buyers of the securities of failed companies adversely affect the bankruptcy process. Ryan notes the American Bankruptcy Institute’s commission studying reforms...
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November 14, 2012, 07:27 AM
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