ADM Capital and Altus Capital Partners Invest in Philippines-Based Vitarich (Asia)

Source: ADM Capital

ADM Capital, an investment firm focused primarily on recovery, special situations and event-driven opportunities in emerging markets, has partnered with distressed debt and special situations investment manager Altus Capital Partners to invest in Kormasinc, a special purpose company set up to acquire Philippines-based agri-feeds producer Vitarich’s long term secured liabilities. ADM Capital and Altus Capital intend to restructure Vitarich’s debt, allowing the company to expand. Financial details of the transaction were not disclosed.