The Deal
Saturday, November 21, 
9:10 pm

Video: PE is 'clueless' about distressed investing

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edsis.gifAt the TMA/The Deal's Distressed Investing Conference in January, Crystal Capital's Edward Siskin and the Heico Cos. LLC's Michael Heisley said that 90% of private equity funds' managers are "clueless" as to how to implement turnaround plans for distressed investments. They added that many are not familiar with bankruptcy codes either. - Maria Woehr

Also see:
TMA/The Deal's Distressed Investing Conference Coverage





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