Idea Capital, HIG Bayside Close $288M Turnaround Fund

By Fola Akinnibi (July 7, 2016, 4:50 PM EDT) -- HIG Bayside Capital, the distressed debt and special situations unit of private equity outfit HIG Capital, announced the first close of an Idea Capital fund Thursday that raised €260 million ($287.5 million) to invest in distressed mid-sized Italian companies with an eye to helping banks recover their loans....

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