In the latest letter, DG Value Partners, led by Dov Gertzulin, released that both Concentrated Class C and Legacy Class were struggling during March. After a solid start to the year, the company’s strategies are facing challenges due to policy concerns and economic uncertainties.
The universe of companies with debt with a yield to maturity over 12% is close to 2,000 companies. On top of that, the company is identifying equity investments that are trading at their historical lows. At the same time, the equity opportunities from the post-reorganization equity opportunities are also growing.
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The number of middle-market companies with debt categorized as distressed is rapidly increasing, which opens a lot of opportunities for DG Partners to invest in the future period.
