March 2009

Restructuring: Aladdin opens DIP fund

Aladdin Capital Holdings has launched a fund that will invest exclusively in debtor-in-possession facilities.


"This new offering will be a DIP fund and the first of its kind. The DIP fund will participate, structure and lend directly into both large-cap and mid-cap facilities," says Neal Neilinger, vice-chairman and chief investment officer at Aladdin.

DIP financing is an essential tool in restructurings. However, the extent...


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