American Securities affiliate Ascribe sets $1.25 bln target for Fund IV


Hark Capital, Enhanced Capital, private equity, venture capital, loans
  • 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 ...

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