Kuwait’s Global Said to Hire Osmansoy for Distressed Assets

Global Investment House KSCC, the Kuwaiti bank that restructured $1.7 billion of debt, hired Orhan Osmansoy to head its $600 million distressed asset-management business, two people with knowledge of the matter said. Osmansoy, a former chief executive officer of Abu Dhabi-based The National Investor, will lead the so-called special situations…