
Workouts & Turnarounds PRI Makers Network - PRI Makers Network Workouts & Turnarounds with speakers Christine Looney, The Ford Foundation; Joshua Mintz, John D. & Catherine T. MacArthur Foundation; Doug Smith, Rocky Mountain Mutual Housing; Lori Chatman, Enterprise Community Partners; and moderator Debra Schwartz, John D. & Catherine T. MacArthur Foundation.PRIs are great philanthropic tools, but what happens when these high risk investments go bad? This session is designed for PRI makers to discuss how to identify problem investments and what issues to think about when dealing with workouts and turnarounds. The panelists will discuss actual situations and be available to answer general and specific questions. Through a series of case studies, session participants will be exposed to topics including: identifying trouble signs, the role of covenants, managing boards of directors, collaborating with other funders, negotiating with other creditors, how to make hard decisions, your rights and responsibilities in the bankruptcy process, internal policies to manage your PRI portfolio - PRI Makers Network
