The new credit fund, which is shaping up to be one of the largest debut investment vehicles ever raised, has poured $1.2 billion into American Airlines Group.
Highbridge Capital Management, Sculptor Capital Management and Knighthead Capital Management are among investment funds raising mountains of fresh cash to buy mispriced loans, bonds and other forms of credit that were dumped in the March rout.
April 08, 2020
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Private credit firms that are flush with funds after raising money in debt markets just weeks ago may soon be asked to lend that cash to their middle-market borrowers.
In this Q&A, Clark discusses Twin Brook's rapid growth, the firm's plans for the future and the announcement that co-founder Christopher Williams has stepped back from his role to attend to a health issue with an immediate family member.
