Hands are silhouetted against a backdrop projected with the picture of various currencies of money in this illustration taken April 4, 2016. REUTERS/Kacper Pempel/Illustration TPX IMAGES OF THE DAY - RTSDIYI
American Securities affiliate raising new distressed debt fund
Louisiana Teachers’ commits up to $75 mln
Previous fund netting a 25.7 pct IRR
Ascribe Capital set a $1.25 billion target for investments in distressed middle market companies, according to documents obtained by Buyouts. Ascribe, an affiliate of American Securities, will use its fourth flagship fund to acquire stakes in the debt of 30 ...