IDeA buys Blue Skye Investment

IDeA Alternative Investments and DeA Capital have acquired Blue Skye Investment Group from DB Zwirn, together with the management. The deal originated as IDeA and the Blue Skye management sought to launch a distressed assets fund, leveraging existing assets in the Blue Skye platform. The consortium bought the existing assets and simultaneously launched a special situations fund open for new capital from institutional investors (see page 27).

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