Lap Chan

MatlinPatterson Global Advisers, LLC is a private equity firm specializing in distressed situations. The firm was formerly known as CSFB Global Advisers, LLC. MatlinPatterson Global Advisers was founded in 2000 and is based in New York City with additional offices in London, United Kingdom; Sao Paulo, Brasil; and Hong Kong. MatlinPatterson has capped fund-raising for its second fund at $1.7 billion. The firm has raised approximately $8.9 billion since inception across three funds. In 2007, the firm completed fundraising for its third and largest fund with $5.0 billion of investor commitments. The firm's previous funds raised $2.2 billion (Fund I, 2002) and $1.7 billion (Fund II, 2003), respectively.