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Hedge funds fight over one of Europe’s largest lingerie brands

Summary by Financial Times
Dispute over control of Dutch retailer Hunkemöller is latest example of so-called creditor-on-creditor violence in Europe

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Hedge funds fight over one of Europe’s largest lingerie brands

Dispute over control of Dutch retailer Hunkemöller is latest example of so-called creditor-on-creditor violence in Europe

·London, United Kingdom
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HedgeweekHedgeweek

Hedge funds do battle over Hunkemöller debt in latest creditor clash

Distressed debt specialist Redwood Capital and a group of rival hedge funds led by Cheyne Strategic Value Credit are embroiled in a high-stakes battle over the debt of Hunkemöller, one of Europe’s largest lingerie brands, according to a report by the Financial Times. In a dispute that highlights the growing prevalence of US-style creditor-on-creditor conflicts in European markets, Redwood Capital this month seized control of the Dutch retailer t…

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Financial Times broke the news in London, United Kingdom on Monday, March 31, 2025.
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