GSC Group Acquisition Agreement with Black Diamond Capital Management Approved by Bankruptcy Court
PR Newswire
NEW YORK, July 13, 2011
NEW YORK, July 13, 2011 /PRNewswire/ — GSC Group (“GSC”), an alternative asset investment manager focused on complex, credit-driven strategies, has received court approval to sell substantially all of its investment management business and related assets to an affiliate of Black Diamond Capital Management. With this court decision, GSC has taken a significant step closer towards its eventual emergence from chapter 11 bankruptcy protection.
About GSC Group
Founded in 1999, GSC Group is a registered investment advisor specializing in credit-driven investment strategies with offices in New Jersey and London.
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Contact: |
Debbie Lombardi |
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GSC Group |
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973-593-5438 |
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SOURCE GSC Group
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