Ascribe Capital

Ascribe Capital was a private investment firm based in New York City, founded in 2006. The firm specialized in investing in the debt and equity securities of middle-market companies facing operational, financial, or other challenges. Ascribe Capital focused on securities trading at a discount to their intrinsic value, providing equity or equity-like investments to stressed companies. Additionally, the firm offered support for recapitalization efforts and provided debtor-in-possession loans and exit financing. Its investments were aimed at facilitating both in-court and out-of-court restructuring plans. On July 1, 2021, Ascribe Capital was acquired by Birch Grove Capital.