Distressed

• Distressed ABS, MBS Investor Adds Portfolio Manager 08/04/2010 08:37 PM  

  Steamboat Springs, Colo.-based Deer Park Road, a distressed mortgage- and asset-backed securities investment firm, has hired Scott Burg as an associate portfolio manager.

• Credit Suisse Keeps Crowns; B of A, Barclays Leverage New Heft 05/27/2010 03:03 PM  

  Credit Suisse maintained its place atop the secondary loan trading market, winning all three titles in Total Securitization & Credit Investment’s 13th Annual Best Trading Desk Survey.

• Centaur Gaming Preps Restructuring 04/26/2010 10:22 PM  

  Horse racing and gaming facility company Centaur Gaming, which filed for bankruptcy last month, is in talks with lenders to restructure $600 million of senior secured debt, consisting of roughly $400 million in first lien debt and $200 million in second lien debt, Kurt Wilson, cfo in Indianapolis, Ind., told TSCI.

• Investors Keep Fingers Crossed On Cedar Fair (Update) 04/12/2010 07:24 PM  

  Investors and traders who were disappointed last week when Apollo Global Management’s planned buyout of Cedar Fair fell through are holding out hope a deal will come back to market.

• Blue Mountain Tees Up Two Credit Funds 03/30/2010 08:00 PM  

  BlueMountain Capital Management is preparing to launch two new credit funds on this week, one focusing on distressed trading and the other customized for a single institutional client.