GSC Group related stories
All articles and analysis
Arsenal promotes twoThe promotions of Seroussi and Rooney follow Arsenal’s hiring of its ninth operating partner earlier this month.
- GSC's Eckert makes comeback
Phoenix Star Capital plans to market its debut CLO in early 2014, says Eckert, who led GSC Group until it collapsed in 2010.
- Friday Letter Graveyard shift
The final, official demise of two alternative asset managers this week raises a number of important questions, but here's one especially occupying the minds of investors: how do you retain and reward the team charged with winding down a moribund manager's portfolio?
- CD&R credit executive joins TCW spin-out
Christine Vanden Beukel, a former Clayton Dubilier & Rice credit-focused executive, will open a London office for Crescent Capital at a time of tremendous opportunity for firms with capital in the region.
- Black Diamond collects $700m for Fund III
The fund, which has a $750m target and a $1.1bn hard-cap, could hold a final close in early March.
- Black Diamond wins GSC auction with $235m bid
The distressed investment firm will assume nearly all of GSC’s assets, including funds covering various debt strategies, once the sale is approved by bankruptcy court.
- From the archives: Eckert on the future of GSC
During a 2005 interview with PEI, GSC founder Alfred Eckert talked about the surging opportunity in the market for collateralised debt obligations.
- Battered GSC crumbles into bankruptcy
Alfred Eckert, founder of GSC, which once managed $28bn in assets, has negotiated a new job with Black Diamond Capital.
- Graveyard shift
The final, official demise of two alternative asset managers last week raises a number of important questions, but here's one especially occupying the minds of investors: how do you retain and reward the team charged with winding down a moribund manager's portfolio?
- Black Diamond hires GSC executive
The turnaround specialist has recruited former GSC Group executive Philip Raygorodetsky to oversee the firm’s third fund, reportedly targeting $1bn.