Aladdin sees “extraordinary investing opportunity” in DIP financing

Aladdin Capital is raising cash for a fund to invest exclusively in debtor-in-possession (DIP) facilities — lending done after a company has entered Chapter 11 and senior to the company’s other obligations — in what it claims is the first fund of its kind.

  • 10 Feb 2009

“We believe the DIP financing market provides an extraordinary investing opportunity and will continue to do so as the corporate default rate spikes in 2009 and beyond,” said Aladdin in a statement.

The fund will structure and lend directly to large-cap and mid-cap facilities, and will be industry agnostic. ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 41.30
2 Rabobank 35.35
3 Morgan Stanley 11.45
4 BNP Paribas 5.95
4 Credit Agricole 5.95

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 SG Corporate & Investment Banking 1,260.06 2 126,006,164,037.19%
2 Rabobank 1,081.86 1 108,185,922,974.77%
3 Wells Fargo Securities 430.57 1 43,057,020,785.00%
4 SK Securities 192.86 1 19,286,162,593.99%
4 Meritz Financial Group Inc 192.86 1 19,286,162,593.99%