AFR Street Talk, page-10

From AFR 2011

"Allegro managing director Chester Moynihan said at the AVJC Private Equity and Venture forum that pressure from the banks would bring opportunities for private equity firms with undrawn capital to invest in companies with sound underlying businesses but with debt laden balance sheets.

"We are not investing in distressed businesses, we like to use the distressed situation to give us the price advantage and really targeting growing business in stable segments of the market"

http://www.allegrofunds.com.au/site...s/documents/financialreview-march2011_000.pdf