Released: August 29, 2007
New York, NY 10001
FOR IMMEDIATE RELEASE
Chief Executive Officer
International Institute for Business Information & Growth LLC (iiBIG)
New York, NY, August 29, 2007 â€" The recent turmoil in the credit and equity markets â€" and what it means for the future â€" will be a hot topic when prominent leaders from the distressed investing and turnaround management industries meet at iiBIGâ€™s 2007 Distressed & Turnaround Investment Forum, scheduled for September, 24-25, 2007 at the Flamingo, Las Vegas.
This conference is THE must-attend distressed & turnaround event. Hereâ€™s why:
â€˘ According to Dow Jones Equity Analysts, NY, in the first half of 2007, distressed funds raised $23.7 billion â€" up from $19 Billion in ALL of 2006.
â€˘ â€śPrivate Equity firmsâ€¦are betting that distressed debt â€" which has evolved to include both debt security trading strategies and corporate restructuring â€" will prevent major damage to their overall returns.â€ť (Pensions & Investments magazine, August 20, 2007)
â€˘ Between 2008 and 2010 the following leveraged debt, rated B and lower, will mature: $12 billion in the telecom sector; $11 billion in utilities and energy; and $11 billion in retail
The speaking faculty for iiBIGâ€™s Distressed & Turnaround Investing Forum, includes over 60 of the most prominent industry leaders. Speakers include Ed Weisfelner, Partner, Brown Rudnick; Marty McKinley, President, Wells Fargo Business Credit; and John Collard, past Chairman of the Turnaround Management Association and current President of Strategic Management Partners.
The luncheon keynote presentation on â€śHow Distressed Investors Can Profit from the Subprime Mortgage Crisisâ€ť will be delivered by Steve Selbst of McDermott Will & Emery, and the opening keynote on September 25th by Standard & Poorâ€™s Chief Economist, David Wyss will focus on â€śThe Economic Environment & Outlook: Will Underlying Economies Produce More or Fewer Distressed Debt Obligations.â€ť
For registration information, visit http://www.iibig.com/F0701; call 212-300-2520; or e-mail firstname.lastname@example.org.
For a complete list of agenda topics and list of speakers and attendees, visit: http://www.iibig.com/F0701.
Early sponsors for this event include Brown Rudnick, Standard & Poor's, McDermott Will & Emery, Goldsmith Agio Helms, Heenan Blaikie, Prime Locations, Insight Equity, Proskauer Rose, Waller Lansden, Summit Investment Management, and Conway MacKenzie & Dunleavy.
For information on how to become a sponsor or exhibitor, contact: Kellie Swanstrom, VP, Business Development, iiBIG 973-571-0867 or email@example.com.
Ria Lubis (firstname.lastname@example.org)
International Institute for Business Information and Growth, LLC
276 Fifth Avenue, Suite 905
New York, NY 10001
Phone : 212-300-2523
Fax : 212-300-2529
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