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Ropes-Led SVPGlobal Nabs $5B For 5th Distressed Debt Fund

By Benjamin Horney ( August 3, 2021, 2:00 PM EDT) -- Strategic Value Partners LLC, advised by Ropes & Gray, said Tuesday it closed its fifth distressed debt-focused fund after securing $5 billion from limited partners, with plans to focus on restructurings and special situations in North America and Europe, including in areas such as industrial aviation and real estate....

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