Joint London Business School & Turnaround Management Association seminar

"Distressed Investing at the Coal Face"

The active Turnaround Group at the London Business School scheduled a further seminar in February which was well attended by both TMA UK members and LBS students.  There were two case studies presented, one a hands-on review of how a Private Equity turnaround fund will consider investment opportunities and one on additional factors to take into account when cross-border challenges are added to the scenario.

Philip Dougall of Kelso Place Asset Management presented a UK manufacturing case study which compared the merits and risks associated with two similar opportunities in the same industry.  Nigel Davies of Wyn River Limited presented the additional control risks associated with cross-border opportunities by featuring a Russian & Ukrainian debt-for-equity case study on "Gallery Media", available for download here.

Many thanks to the Turnaround Management Association UK for inviting Wyn River to participate, to David Hole of Galen Partners for acting as Chairman, and to the London Business School for co-hosting an enjoyable and informative event.

clever girl