Ascribe Capital is a private investment firm managing approximately $2 billion of long-term capital focused on investing in the debt, and sometimes equity, securities of middle market companies. Ascribe Capital was formerly known as American Securities Opportunities Fund and is an affiliate of American Securities LLC, a leading U.S. private equity firm. Including its affiliates, American Securities has more than $23 billion under management.Ascribe Capital invests in securities of companies that may be stressed or undergoing operational, financial, or other challenges, and in securities trading at a discount to intrinsic value.Ascribe Capital has the ability to invest across the entire capital structure, make loans to — and equity or equity-like investments in — stressed companies, fund recapitalizations, provide debtor-in-possession loans and exit financings, and invest in securities in order to fund both in-court and out-of-court restructuring plans.