DG Capital is a value-based investment firm specializing in middle-market opportunities across the capital structure. The focus of their investments is on distressed assets, special situations, and reorganized equity.
In their September report made available to Hedge Fund Alpha, companies legacy class generated a net gain of +1.55% increasing YTD gains to +12.04% net. Positive contributions to performance are coming from value-oriented debt, and equities focused on restructurings and special situations.
American Coastal Insurance Corp (NASDAQ:ACIC), Cengage Learning Holdings II Inc (OTCMKTS:CNGO), and VEON Ltd (AMS:VEON) generated positive returns regarding the...