Overview
Description
NB Distressed Debt Investment Fund Inc. specializes as a closed-end investment fund focusing on distressed debt securities. Its primary function is to generate attractive risk-adjusted returns by investing in financial instruments that are under significant stress or distress, which often offer substantial upside potential post-restructuring or recovery. This fund predominantly engages with sectors that experience cyclical downturns or operational inefficiencies, including real estate, energy, retail, and industrials. By targeting these high-risk sectors, the fund capitalizes on the potential for significant gains as companies recover or undergo repositioning strategies. NB Distressed Debt Investment Fund Inc. plays a vital role in the financial market by providing liquidity to companies in financial distress and facilitating their path to recovery. This, in turn, supports financial markets by stabilizing assets that would otherwise remain undervalued or illiquid. The fund's operations are also indicative of broader economic health, as distressed investment opportunities tend to fluctuate with varying market conditions.
About
Address
The Zig Zag Building
70 Victoria Street
London, SW1E 6SQ
70 Victoria Street
London, SW1E 6SQ
Phone
44 203 214 9000
Website
Instrument type
Closed-end fund
Country
United Kingdom
MIC code
XLON