Distressed Debt Investors Gear Up for Wave of Defaults

LOS ANGELES, Sept. 13 -- Many investors believe the recent junk bond boom is about to end in a wave of defaults. Although default rates currently remain near historical lows, more and more record distressed funds are being raised, and limited partner allocations to the asset class are on the rise. In addition, approximately 10% of hedge funds are at least partially dedicated to distressed debt. Is the "smart money" making the right bet? These issues and more will be discussed at Strategic Research Institute's "7th Annual Distressed Debt Investing Forum" to take place this Nov. 7-8 in Las Vegas, NV at the Venetian Resort.

Featured presentations include:

"The Defaulted Bond and Bank Loan Market and Outlook" by Dr. Edward I. Altman, Max L. Heine Professor of Finance, at the STERN SCHOOL OF BUSINESS; and "Restructuring -- Roulette, Rule Regulation, and Roughhousing -- The Purpose and Importance of Restructurings in Corporate America" by James Sprayregen, Partner, KIRKLAND & ELLIS.

Other issues to be examined include: Which sectors offer the best opportunities: Airlines, Asbestos, Natural Resources, Manufacturing, or Automotive; Does the private equity model work in distressed situations?; Impact of the new bankruptcy law; Effective workout strategies; Financing solutions including second lien, mezzanine, & tranche B, and more.

  Speaking Faculty Includes:
   AlixPartners LLC
   CapitalSource
   Cappello Partners
   Cerberus California, Inc.
   Corporate Financial Advisors, LLC
   Drinker Biddle & Reath LLP
   Evercore Partners Inc.
   Fortress Investment Group
   Imperial Capital, LLC
   Kilimanjaro Advisors, LLC
   Kirkland & Ellis
   LBC Credit Partners, Inc.
   Munger Tolles & Olson
   Radius Equity Partners
   RESIDCO
   Resilience Capital Partners
   Schultze Capital Management
   Siguler Guff & Company
   SSG Capital Advisors
   Stern School of Business, NYU
   Summit Investment Partners
   Sun Capital Partners, Inc.
   Tennenbaum Capital

To view the full program agenda and expert speaking faculty of experts or to *register:

   Log onto: http://www.srinstitute.com/CX571
   Contact: info@srinstitute.com
   Phone: 800-599-4950 / 212-967-0095
   
   *Please mention keycode DPR001296 when registering.
   
   Contact:
   Christopher Petersen
   Executive Vice President
   Strategic Research Institute
   Phone: 310-649-7838
   cpetersen@srinstitute.com
   http://www.srinstitute.com/CX571