Equity and Distressed Investing Group

GSC’s Equity and Distressed Investing group is comprised of 15 investment professionals who are focused on control distressed debt and sponsor a publicly traded special purpose acquisition company.
 
Recovery Funds
 
GSC’s Recovery Funds employ a control distressed debt investment strategy that targets companies which it believes are operationally sound, but are overburdened with high levels of debt. GSC's distressed debt investment team often assumes a leadership role in the consensual financial restructuring or bankruptcy process. The acquired debt securities often are converted into new “restructured” equity at a cost basis that GSC believes represents attractive acquisition valuations. GSC typically focuses on securities that are either the most senior in the capital structure or have only a moderate level of debt senior to them. Post-restructuring, GSC seeks to further enhance value as an active owner through various strategic and financial initiatives. GSC’s Recovery team has invested $1.88 billion in 95 distressed debt opportunities.
 
GSC Acquisition Company (AMEX – “GGA/U”)
 
GSC personnel serve as officers and directors of and provide administrative services to GSC Acquisition Company, a GSC sponsored, special purpose acquisition corporation formed for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination, one or more businesses or assets with a significant opportunity for growth, located in the United States or Europe, but not limited to a particular industry. GSC Acquisition Company is traded on the American Stock Exchange under the symbol "GGA/U".

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