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Access here alternative investment news about Cppib And Ares-owned Neiman Marcus Faces Lawsuit From Marble Ridge Capital | Swfi - Sovereign Wealth Fund Institute
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Cppib And Ares-owned Neiman Marcus Faces Lawsuit From Marble Ridge Capital | Swfi - Sovereign Wealth Fund Institute

by swfinstitute.org posted 1month ago 166 views
The storied Neiman Marcus Group is a highly-leveraged luxury retailer as the result of two leveraged buyouts (LBO). After its second LBO, Neiman Marcus was stuck with US$ 4.91 billion in funded debt. Neiman Marcus’ profits are in sharp decline starting from 2015. Neiman Marcus is facing short term debt maturities. Hedge fund Marble Ridge […]