Monarch Alternative Capital
Monarch Alternative Capital is a US investment fund with offices in London and New York founded in 2002 which specializes in distressed debt and bankrupt companies.[1]
The company was founded by Andrew Herenstein.[2] It controls funds of $6.62 billion.[3] As of September 30, 2015, Monarch manages approximately $4.9 billion in net assets under management.
It bought £20 million worth of properties from Four Seasons Health Care in December 2015.
It bought Oneida Limited in 2006 after the company had filed for Chapter 11 bankruptcy. [4]
It has a substantial interest in the Texas Rangers and American Apparel.
References
- ↑ "UK's biggest care home operator sells £20m of assets to US hedge fund". Independent. 27 December 2015. Retrieved 28 December 2015.
- ↑ "A Herenstein". Monarch Alternative Capital. Retrieved 7 April 2016.
- ↑ "Michael Weinstock’s Monarch Alternative Capital Lp Bought Scorpio Bulkers Inc’s Shares". Octa Finance. 29 October 2015. Retrieved 28 December 2015.
- ↑ New York Times: "Oneida's Backer Sees a Future in Flatware"
External Links
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