Recapitalisation deals are the flavour of the month - just ask Webjet, Flight Centre, Kathmandu or Dacian Gold.
And this next fund manager is looking to make the most of the situation.
Street Talk can tonight reveal which Sydney-based stockpicker has just launched a new recapitalisation fund, targeting small to mid-cap-sized companies.
The firm in question has already got backing for the new fund from some of its family office clients.
Meanwhile, we've got our hands on documents sent by Seven West Media to parties interested in its West Australian Newspapers division.
Seven West Media has provided detailed information about its West Australian Newspapers business to interested parties, including details about potential synergies available for a new owner.
It was only last month that GrainCorp sent its child, United Malt Group, out into the big wide world and you know what they say ... it's a private equity jungle out there.