#Bassem Mansour

[bassemmansour]

A Guide to Distressed Private Equity Investing

Distressed private equity is a unique form of investing in private markets. Private equity funds target distressed companies, buying their underpriced equity or debt to sell for much higher when the companies return to financial health. Private equity companies can sell these assets to other private equity companies or to the public through stock exchanges.

Distressed private equity companies operate much the same as traditional private equity companies - they raise capital from accredited investors and institutions such as pension funds. Afterward, they invest the capital in private companies, often taking board positions in these companies to steer their management. That way, their business is part fundraising, part investing, and part operations.

The difference with traditional private equity investing is the quality of assets purchased. While traditional private equity funds look for financially healthy companies with strong balance sheets and stable revenues, distressed private equity funds look for the opposite. The former invests to maintain or scale an existing growth trajectory, while the latter invests to turn around a company from financial difficulty and near insolvency.

Companies become distressed for various reasons, including poor management, poor cash flow, or issues with their core products or services. Economic and geopolitical issues tend to exacerbate these problems, causing many companies to seek insolvency. Distressed private equity investors typically start by looking for companies displaying signs of distress, such as reducing cash flows, seeking debt repayment extensions, and reporting prospective covenant breaches in their financial statements.

Once distressed debt investors identify a distressed company, they perform extensive due diligence to see if the business is valuable. This includes analyzing its financial statements, business operations, and relations with stakeholders such as suppliers and employees. If investors determine that the business has potential despite its difficulties, they will invest.

Private equity funds use several strategies to invest in distressed companies. One strategy is distressed debt trading, in which private equity funds buy the distressed company's debt that is trading at a discount. When the company gains financial health, the private equity fund sells the debt at higher prices.

In a distressed debt non-control strategy, private equity funds buy underpriced debt to influence the coming bankruptcy or restructuring process. They negotiate favorable terms so the market value of their debt rises considerably.

Another strategy is distressed debt control, in which private equity funds buy underpriced debt to convert it to equity in the company, giving it a controlling stake in the business after bankruptcy. From there, the private equity company makes operational changes, such as selling unprofitable units, reducing employees, and increasing sales and marketing. If these go well, the company may return to profitability and its shares rise in value.

Distressed private equity investors can also directly buy a company’s equity. Afterward, they restructure the company to get it out of distress, then sell their shares. In other instances, funds can deploy a mix of strategies on a company to optimize realizable value.

Advantages of distressed private equity investing include the opportunity for high returns since funds purchase assets at low prices and sell at high prices if their strategies are successful. Socio-economic benefits also accrue from saving companies and employees’ jobs.

A disadvantage of distressed debt investing is that it is high-risk and challenging. Fund managers must spend time and use diverse skills to identify worthwhile companies and attempt to turn them around.

[newswireml]

Syria's Aleppo airport resumes flights days after airstrike#Syrias #Aleppo #airport #resumes #flights #days #airstrike

DAMASCUS, Syria (AP) — Flights at Syria’s international airport in Aleppo resumed Friday, three days after it was put out of service by a suspected Israeli airstrike, the country’s head of civil aviation said. Bassem Mansour told the pro-government Sham FM radio station that flights to and from the airport of Syria’s largest city resumed Friday morning after repairs were completed. The suspected…

[eretzyisrael]

Here is some serious double hypocrisy for you!

Israel has been labelled as an Apartheid state by Amnesty International and the UN are trying to also, yet this Islamist Arab leader, who is not some liberal type who supports Israel, joined the government, which is a first in Israel history and he himself declared that Israel is NOT an Apartheid state, I mean clearly it can't be if he is in the government and he also stated that Israel is a Jewish state. So to the haters around the world, you are all hypocrites. But here is the double hypocrisy, Mansour Abbas, the man in the pic, would also label Israel as an Apartheid state without issue if he were not in the government, all the Arabs who oppose Israel from within Israel regard us as an Apartheid state and regard Israel as occupied. So he himself is an even bigger hypocrite, though he is a politician so I give him the benefit of the doubt that most politicians are sly spineless oxygen thieves to begin with.

Thanks to my friend Bassem Eid (a "Palestinian" Arab activist who has a spine and who is a huge supporter of Israel and a huge critic of the "Palestinian" leadership) for this image. Uri Gobey

[automaticvr]

Discover nature's beauty on the majestic Sinai trail. Dive in crystal clear waters of the caves in Dahab. Gaze at the horizon a top the peak of Gabal Moses. All that and more picturesque landscapes on the Gabal El Makhrom 360 Virtual Reality video taken by our very own production team at idv digital. idv digital - Content Production Tariq Howeidy Directing / Cinematographer Nagwan Nashaat DOP Hany Ismail Technician Mohamed Azab Assistant Editor idv digital - Post Production Yassmin Abdel Fattah Editing Bassem Ebeid Music composer Mohamed Kampa Sound Design Mostafa Fahmy VFX OZ Production Omar Abu Zeid Production Momentum Egypt Ahmed Marzouk Ahmed Abdel Aziz Ibrahim Mourad Red Sea logistics & support Kite Addicts kitesurfing Ahmed Salaka Diver Karim Salah Diver Sinai logistics & support Omar Samra Founder of Wild Guanabana Ahmed Samra Wild Guanabana Hazem Shamy Wild Guanabana Ben Hoffler Cofounder of the Sinai Trail Nasser Mansour Desert Guide

[bassemmansour]

The Turnaround Management Association

A master of business administration in finance graduate from Case Western Reserve University, Hunting Valley, Ohio-based Bassem Mansour is the co-chief executive officer of Resilience Capital Partners. To augment his work Bassem Mansour is a member of several professional organizations, including the Turnaround Management Association (TMA).

Established in 1988, TMA represents a diverse array of professionals from corporate restructuring, corporate, and renewal niches. It has over 10,000 members in 54 chapters worldwide, with 34 located in North America. The members include professionals in the academic field, business and investment, government, judiciary, and the turnaround practice.

Through the members' expertise, TMA aims to strengthen the global economy by saving distressed businesses, assisting healthy companies with risk mitigation, and helping executives navigate off-plan events. The organization also offers courses, certifications, publications, conferences, and events for members. One of the prominent programs is the TMA Distressed Investing Conference.

Focusing on the distressed investment space, the conference provides a networking and dealmaking forum for partners, capital providers, and other distressed investing professionals. The typical agenda for this annual event includes keynote speakers from the distressed investment climate, interactive discussions on surviving distressed investment, and professional development. The sessions are open to professionals such as hedge fund managers and debt purchasers.

[bassemmansour]

An experienced principal investor, Bassem Mansour serves as the co-founder, managing partner, and co-CEO of Resilience Capital Partners. Based in Ohio, this company is a private equity firm focused on acquiring companies in special situations, like restructurings or corporate divestitures. As co-CEO, Bassem Mansour oversees the firm’s portfolio companies, including the recent naming of Tim Seitter as CEO and president of its portfolio company CR Brands.