Distressed Funds

Distressed funds can find themselves without the appropriate independent board of directors to guide them through a restructuring process, an orderly realisation of assets, or a voluntary liquidation. This is where HighWater excels.

Experienced and knowledgeable directors

After performing an exhaustive due diligence process to understand the reason for the distress, the HighWater directors may accept these board appointments to assist the managers in navigating through the last stages of the funds’ life cycles, while protecting investors’ interests and maximising any returns.

HighWater has been involved in a number of prominent work-out situations where we were not on the board at the time of the distress, but were later appointed at the behest of significant investors or other stakeholders in the fund.