Comment on Lynn Tilton steps down from flagship credit funds

Lynn Tilton steps down from flagship credit funds

Lynn Tilton is more “distressed” than “diva.” The embattled CEO of private-equity firm Patriarch Partners said she is stepping down from three of her flagship credit funds amid a long-running legal battle with bond insurer MBIA. The self-described “diva of distressed,” who buys up debt from failing companies and tries to turn them around, has...

 

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