Opportunity funds ramp up capital raising for distressed debt play

By A staff reporter 2011-10-07T00:00:00

Managers of opportunistic real estate funds have significantly ramped up their capital raising activities this year. New research by New York-based investment manager Clerestory Capital shows opportunistic funds are seeking a total of $76 bn (EUR 57 bn) globally to profit from distressed deals coming onto the market.

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