Distressed Investing for All Seasons

Does the slow, emerging recovery mean the end of distressed investing opportunities? No, says Patrick Boyce, head of the private equity group at Highland Capital Management. In fact, Boyce explains, the robust lending environment means Dallas-based Highland will have deal flow for many years to come. He also discusses the firm’s approach to distressed-for-control investing, the synergistic benefits of having an in-house trading platform, and the resources necessary to successfully navigate the complexities of bankruptcies and restructurings.