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Ascribe Capital Closes Fourth Fund

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NEW YORK, February 1, 2019-- Ascribe Capital LLC today announced the closing of its fourth distressed private equity investment partnership, Ascribe Opportunities Fund IV, L.P. ("Fund IV"), with total capital commitments of $825 million. The fund's global investor base includes leading asset managers, insurance companies, pension funds, and sovereign wealth funds. Ascribe Capital makes investments in securities of companies that are distressed or undergoing operational, financial, or other stress and securities trading at a discount to intrinsic value.

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