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

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. 

Article Tags
Topics of Interest: Economy
Type: Reuters Best
Sectors: Economy & Policy
Regions: North America
Countries: US
Win Types: Impact (Long Term)
Story Types: Special Report / Insight
Customer Impact: Major Global Story
FILE PHOTO: Barges sit at anchor on the Hudson River as sunset falls on the skyline of the west side of Manhattan in New York City, New York, U.S., December 1, 2020. REUTERS/Mike Segar/File Photo
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