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Basic Question 2 of 4
A private equity strategy to purchase debt of companies that are filling for Chapter 11 or 7 is called:
B. Distressed investing.
C. Angel investing.
A. Mezzanie financing.
B. Distressed investing.
C. Angel investing.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
explain features of private debt and its investment characteristics
CFA® 2025 Level I Curriculum, Volume 5, Module 3.