Quadrangle Debt Spins Out

Quadrangle Debt Recovery Advisors has spun off from private equity firm Quadrangle Group, and has renamed itself Monarch Alternative Capital.



Quadrangle Debt Recovery Advisors LP (“QDRA”) today announced the completion of its spin-off from Quadrangle Group LLC. As part of the separation, QDRA has changed its name to Monarch Alternative Capital LP (“Monarch”). Monarch's investment activities will continue to be managed by its founding principals