Wednesday, July 13, 2022

Carlyle Bets on Increased Bankruptcies, Distressed Debt


Seeking Alpha
reported:

Carlyle Group (NASDAQ:CG) and Permira are among bidders for Reorg Research, a Warburg Pincus-backed firm that provides bankruptcy and distressed debt data, Bloomberg reported, citing people familiar with the matter.

The same piece mentioned Carlyle's monetization of Unison, a government supply chain and contract management software provider.  The pig is moving through the government purchasing python so it's likely a good time to offload Unison.

The feral bankruptcy/distressed debt hog is just starting to root around in Wall Street's once low interest rate garden.  How many corporate zombies will it unearth?  Reorg Research may keep track of that total. 

Carlyle knows growth markets and is ready to pile increased bankruptices/distressed debt on its PEU plate.