Simplon International Limited is an offshore investment fund based in New York, specializing in distressed debt investment in the United States since 1989. With a focus on companies with market capitalizations under $500 million, the fund strategically acquires discounted bonds, bank debt, or trade claims to hold until a financial restructuring can be completed, aiming to deleverage the balance sheet of otherwise healthy businesses.
By prioritizing the most senior claims in a company's capital structure, Simplon International Limited minimizes downside risk and avoids the use of margin loans or leverage, further reducing potential risks. While not seeking control positions, the fund's principals may serve on creditors committees or corporate boards when necessary.
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