New Dallas Firm Takes ‘Friendly’ Approach To Distressed Debt

Oct 26 2006 | 7:12am ET

A new firm trying to put a happier face on distressed debt is hoping to raise up to $10 million in seed money for its first fund.

Westcastle, based in the growing hedge fund center of Dallas, plans to offer creditors “friendly restructuring,” according to CEO Tim Cox, in an effort to avoid costly litigation.


In Depth

Q&A: Ovid Capital Bets On Banks’ Need For Regulatory Capital Relief

May 21 2012 | 9:59am ET

The Basel III Accords, regulations covering banks which will take effect in Europe...

Lifestyle

Oaktree Founder Pays $52.5 Million For Manhattan Co-Op, A Record

May 15 2012 | 12:16pm ET

A co-founder of Los Angeles-based Oaktree Capital Management has paid a record amount...

Guest Contributor

Non-Agency Mortgages Offer Compelling Value

May 21 2012 | 8:33am ET

The non-agency mortgage market remains dislocated and is one segment of the fixed...

 

Upcoming Events

Most Popular

Service Providers


Publisher's Note

    Save The Date: FINforums Annual Hedge Fund Summit

    Mar 2 2012 | 4:10am ET

    Deirdre BrennanDeirdre BrennanFINforums, the events arm of FINalternatives, is holding its Annual Hedge Fund Summit on Sept. 20, 2012 at the Sentry Centers in New York City. Don't miss out on this chance to meet and mingle with the top decision makers and investors in the alternative asset management industry. Read more…