Monarch Alternative Capital is an American

investment fund An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These advantages inc ...

with offices in

London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...

and

New York New York most commonly refers to: * New York City, the most populous city in the United States, located in the state of New York * New York (state), a state in the northeastern United States New York may also refer to: Film and television * '' ...

founded in 2002 which specializes in distressed debt and bankrupt companies. The company was founded by Andrew Herenstein. It controls funds of $6.62 billion. As of September 30, 2015, Monarch manages approximately $4.9 billion in net assets under management. It bought £20 million worth of properties from

Four Seasons Health Care Four Seasons Health Care is a British provider of health and social care services. It also owns The Huntercombe Group, a provider of inpatient mental healthcare and brain injury rehabilitation as well as care home operator, brighterkind. Four Sea ...

in December 2015. It bought

Oneida Limited Oneida Limited () is an American manufacturer and seller of tableware and cutlery. Oneida is one of the world’s largest designers and sellers of stainless steel and silverplated cutlery and tableware for the consumer and foodservice industries ...

in 2006 after the company had filed for

Chapter 11 bankruptcy Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whe ...

.New York Times: "Oneida's Backer Sees a Future in Flatware"
/ref> In 2020, CEC Entertainment, the owners of

Chuck E. Cheese Chuck E. Cheese (formerly known as Chuck E. Cheese's Pizza Time Theatre, Chuck E. Cheese's Pizza and simply Chuck E. Cheese's) is an American family entertainment center and pizza restaurant chain founded in 1977 by Atari's co-founder Nolan Bu ...

and

Peter Piper Pizza Peter Piper Pizza (stylized as peter piper pizza) is an Arizona-based pizza and entertainment company with locations in Arizona, California, Mexico, New Mexico and Texas. Restaurants have a large dining area and a game room. History Anthony "To ...

chains, emerged from its June bankruptcy under the ownership of its lenders led by Monarch. It has a substantial interest in the Texas Rangers and

American Apparel American Apparel Inc. is an online-only retailer and former brick-and-mortar stores operator based in Los Angeles, California. Founded by Canadian businessman Dov Charney in 1989, it was a vertically integrated company that ranked as one of the l ...

References

External links

* Financial services companies of the United States 2002 establishments in the United States {{US-finance-company-stub