Eos Preps Distressed Debt Fund

Sep 4 2007 | 2:39pm ET

On Wall Street, disaster and opportunity are often one and the same. So as the U.S. subprime mortgage crisis drags down the credit market, the distressed-debt space is starting to get a little crowded.

New York-based alternative asset manager Eos Partners is joining the scrum, planning a distressed debt hedge fund for launch this fall. The firm hopes to raise between $750 million and $1 billion and will focus on European middle-market acquisitions, Financial News reports. Matt Meehan will manage the fund.

Eos manages some $2.5 billion in hedge and private equity funds.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...