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recapitalize
[ree-kap-i-tl-ahyz]
verb (used with object)
to renew or change the capital of.
recapitalize
/ riːˈkæpɪtəˌlaɪz /
verb
to provide (a bank, financial institution, or corporation) with more capital
Word History and Origins
Origin of recapitalize1
Example Sentences
In 2022 it took it took six to eight weeks for those market makers to recapitalize, and “we’re six weeks this process,” he said.
He said in 2022 it took six to eight weeks for crypto market makers to recapitalize, and “we’re six weeks into this process.”
Last year, for example, Coller led the formation of a $1.6 billion continuation vehicle for Abry Partners that allowed Abry to recapitalize the remaining assets from Abry Advanced Securities Fund III, a credit-focused fund that closed in 2014.
More recently, Coller led the formation of a $3 billion continuation fund to recapitalize assets from two private-credit funds managed by TPG Twin Brook Capital Partners that were raised in 2016 and 2018, respectively.
According to court filings, Caspersen in 2015 closed a major deal to recapitalize a private equity fund and then embezzeled an $8.1 million fee the fund had paid to PJT.
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