It may be a good time to brush up on your restructuring and turnaround skills.
Boston-based Audax Group, for example, has opened a search for a restructuring professional to help manage underperforming credits.
The role isn’t a new one. Nor is it part of a new investment strategy for the firm’s credit arm, Audax Private Debt, according to a source familiar with the firm. The new hire would join an established workout team focused on monitoring portfolio companies for credit risk and on capital preservation.
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