Distress Specialist Lone Star Turns To Europe
As the euro zone crisis eases to a dull, chronic economic ache, U.S. distress investors are beginning to look across the Atlantic for business opportunities. Lone Star Funds, the Dallas-based buyout shop with a fresh $5 billion of dry powder, has done a series of deals with banks on the Continent in an apparent bet that the worst is past and Europe’s troubled financial sector is poised to recover.
30 May 2013•6 mins read
