Distressed debt
European distressed debt investors could benefit from double-dip
Alcentra head of special situations says second wave of global recession is likely, and predicts distressed debt opportunities in Europe.
Pricing distressed CDOs with base correlation and stochastic recovery rates
In 2008 and 2009, the calibration of the standard Gaussian copula model for collateralised debt obligations has frequently broken down. To overcome that problem, Martin Krekel has embedded the model with correlated stochastic recovery rates. He shows…
Distressed debt funds fail to attract inflows despite growth in distressed assets
An increase in the amount of distressed assets in the past two years has yet to boost inflows into distressed debt funds.
Happier times for distressed assets?
The distressed assets sitting on the balance sheets of financial institutions have increased in value in recent months, with a variety of firms reporting paper gains. Has the turning point been reached in distressed structured credit assets? Peter…
A special situation?
Distressed debt
Editors letter
Financial crisis gives opportunities to some
Power to the people
ABCP Conduits
Judge overturns Enron distressed debt ruling
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Phillip Fletcher
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