Distressed Assets Fund I
Kremlin Capital Management has begun to form the Distressed Assets Fund I for the urgent buyout of assets from insolvent companies and investing in special situations.
The fund will seek for a special investment opportunity, which allows to acquire assets well below market value for some reasons. It could be a corporate conflict between partners, complicated legal proceedings around the business, defaults on obligations to creditors, bankruptcy, claims of regulators, and criminal law problems. They have a negative impact on the business value. The idea behind such operation is to acquire such assets and increase their value by resolving negative circumstances and settling claims of third parties. Such work is usually of financial and legal nature.