Major Bank in a Bind in Private Equity Fund Disaster Buyout - InsideBusiness

A sharp slowdown in the energy and property markets and rising interest rates have thrown the previously successful asset manager Obton into a death spiral. The large provider of solar cell and property projects has struggled with severe challenges in recent years, which are far from over. As InsideBusiness' sister media InsidePrivateEquity revealed yesterday, Obton and owner FSN Capital are currently fighting to save the group after 2024 has of…