Shoreline seeks to raise $2b of distressed dry powder

The Guangzhou-based firm is drumming up interest in its fundraising exercise, a signal that investors are anticipating a more difficult road ahead.

Shoreline Capital, China's largest domestic distressed debt investor by assets, is in the early stages of raising a pair of funds focused on investments in distressed debt, in what will become their largest fundraising excercise ever, according to debt market sources.

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