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On the distressed investing panel at The Deal's Fifth Annual Private Capital Symposium Raquel Palmer, a partner at KPS Special Situations, talked about how the distressed opportunities are unfolding differently in the current cycle than in prior downturns.
"In the last cycle, because the leveraged loan market was so frothy, we are seeing companies default with a lot more debt on them then in the previous cycle. I also think the players have completely changed," Palmer added.
Leezie Kim is rejoining the Phoenix office of Quarles & Brady LLP as a partner. She will continue her corporate transactions practice. For other updates launch today's Movers & shakers slideshow.
Dechert's Henry Nassau at the 18th annual Wharton Private Equity and Venture Capital Conference tells The Deal Pipeline how to shine in the middle market. More video
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