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Distressed Debt Hedge Funds: How to Become a Vulture Capitalist

Mergers and Inquisitions

The catalysts could be anything from quarterly earnings announcements to covenant breaches to announcements of M&A deals, financings, or strategic reviews. Special Situations – This could include the events above but could also refer to investments in spin-offs, asset sales, recapitalizations, acquisitions, or capital raises.

Debt 103