10 Essential tips from one of Australia’s most experienced distressed business investors
Adrian Loader, Founding Partner, Allegro Funds
What an amazing two months it has been. The world imploded and by mid-March many insolvency practitioners thought there was going to be a wave of insolvencies starting in April. This did not occur because the government changed the insolvency laws and pumped the economy with over $200 billion.
Consequently, the immediate insolvency crisis has been replaced by a liquidity crisis that will face many Australian businesses over the next six months.
Many practitioners will have clients who will need to address this liquidity problem and will seek to raise capital from a private equity sponsor.