ADM eyes special opportunities financing

ADM Capital, a pioneer in Asian distressed investment, has been turning its focus towards special opportunities financing, where it aims to fill a void created by a flight of capital by foreign lenders, namely those from Europe. “We’re finding that, because of the removal or withdrawal of capital by foreign banks from Asia, it’s left a gaping hole in structured finance,” says Christopher Botsford, ADM chief executive. Eurozone banks withdrew about $60 billion of lending to the s…