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INVL Asset Management establishes global distressed debt fund
By Taylor Fox
New York, Sept. 21 – INVL Asset Management, managed by Invalda INVL, established INVL Partner Global Distressed Debt Fund I, according to a news release.
The subfund will act as a feeder fund for a distressed debt fund established by an investment management firm.
“We are always seeking out new ideas in the area of alternative investments,” said INVL chief executive officer Laura Krizinauskiene in the news release. “Investing in distressed debt is a completely new alternative investment niche in our region. We believe the local market is mature enough for that and will take advantage of the exclusive investment opportunities.”
INVL is an asset management company based in Vilnius, Lithuania.
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