The private-sector arm of the World Bank has handed $50 million in seed money to the Asia-focused platform, which aims to provide low-double-digit annual returns over its eight-year term.
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A new species of small brown frog has been discovered in Vietnam and named after ADM Capital's Rob Appleby.
A new beginning for Justin Ferrier who partners with Geoff Lee and Alfred Mui to form a special situations, distressed and high-yield debt hedge fund.
Hedgies Appleby, Botsford and Firth aim to clean up drugs and child prostitution in Sihanoukville.
The alternative fund manager teams up with the ADB to support troubled Asian companies.
The Asian Development Bank partners with Hong Kong-based distressed debt manager to promote its developmental objectives.
Although increasingly harder to find, Asian distressed debt opportunities still exist.