NEWS & VIEWS

Global private equity and venture capital news and research

Solic Capital seeks $250m for new distressed fund

16 Jan 2014

chicago 3_sqInvestment firm Solic Capital is reportedly planning to raise $250m for a new fund.

The new vehicle will target distressed assets, said Dow Jones, citing a person familiar with the situation.

Shannon Advisors is acting as a placement agent for the fund.

The Evanston, Illinois-based firm is managed by the former co-leader of Navigant Capital Advisors and his team.

Solic currently has $300m of assets under management.

Distressed funds currently in the market include Alchemy Partners’ third investment vehicle, which is targeting £600m.

Copyright © 2014 AltAssets

FUNDRAISING & INVESTOR RELATIONS


Legals & Terms of UsePrivacy Policy


AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: Zetland House, 5-25 Scrutton St, London EC2A 4HJ
Content is © AltAssets 2000-2014