Citywire Selector reports that Ironshield Capital Management has completed the first close of a closed-end European distressed debt fund, targeting €300m. Launched in spring, the vehicle is structured to pursue opportunities arising from refinancing pressures and balance sheet stress across European credit markets.
Additional coverage is available from Funds Europe. For an overview of our approach in this area, see Distressed and Stressed Credit.
Alternatives Watch on Ironshield Capital Management’s Event-Driven Credit in an Eventful Europe