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Stage Fund Returns Over 10 Million of Otherwise Uncollectible Senior Debt to Single Venture Lender
Alongside this process is Veer Group who works as an effective management consulting group who strategically evaluates these VC funded businesses to determine where the flaws line within them and the appropriate course of action to optimize them for growth. Veer Group has a significant role in determining the turnaround process for these companies in coordination with Stage Fund. Greg Kincade, Stage Fund partner leading Veer Group, stated: "We are thrilled that Veer Group, partnering with Stage Fund, has been able to return such a substantial amount of investments to the shareholders of these companies". In all, the coordination of the Stage Fund and Veer Group takes restoring distressed debt seriously and based on its track record is one of the most effective routes in doing so.
To see more on Stage Funds investment strategy and track record, visit www.stagefund.com, which serves as the new URL to reach Stage Fund, replacing the prior http://www.thestagefund.com.
About Stage Fund:
Stage Fund, founded in 2009 by Daniel Frydenlund, is a restructuring and growth investing private equity firm focused on acquiring controlling interests in companies undergoing change in capital structure, strategy, operations or growth, can benefit from our operational and capital approach and that have reached a point in their lifecycle presenting an opportunity for transformation. Stage Fund is headquartered in Denver, Colorado with offices in New York, New York. http://www.thestagefund.com/
About VEER Group:
VEER Group is a wholly owned subsidiary of The Stage Fund. VEER Group provides crisis management, valuation analysis, bank debt servicing abilities and exit analysis. The company is typically engaged by current equity owners, lenders or both. For more information go to http://www.thestagefund.com
Page Updated Last on: Sep 14, 2018