Turnaround/Special Situations
EPIC portfolio sold to EPE Special Opportunities
EPIC Private Equity has sold the portfolio of its EPIC plc fund to EPE Special Opportunities (EPESO), a listed vehicle it also manages, according to reports.
Endless considers selling The Works
Turnaround investor Endless is reportedly looking to sell discount book retailer The Works.
Endless employs Kerry Swain
The turnaround fund, Endless LLP, has appointed Kerry Swain as investment executive for its Leeds office.
Alchemy holds first close at more than £280m
Alchemy Partners has held a first close at just over £280m on its second fund that is looking to invest in financially distressed European companies.
Better Capital prepares for new £65m capital raise
Better Capital is gearing up to raise a further £65m for its distressed business fund.
Recovery fund: releasing the shackles of debt
ICG’s new recovery fund specifically supports companies chained down by over-leverage, rather than loss-making businesses that require a complete turnaround. Francinia Protti-Alvarez investigates