Expect transaction activity to pick up in the third and fourth quarters as distressed assets come to market at deep discounts.

随着市场上不良资产的价格大幅度下降，这些交易活动有望在今年的第三和第四季度上升。

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“They know the prototype of player they want,” says Martín Acosta, the son of the FEF’s head. “They’re buying distressed assets as a private-equity fund would.”

FEF头头的儿子马丁•阿科斯塔说，“他们知道自己想要的球员原型，他们购买不良资产作为私募股本。”

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"They know the prototype of player they want," says Martin Acosta, the son of the FEF's head. "they're buying distressed assets as a private-equity fund would."

FEF头头的儿子马丁·阿科斯塔说，“他们知道自己想要的球员原型，他们购买不良资产作为私募股本。”

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This will force a change in strategy for those brave enough to invest in distressed assets.

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And he's president of MHR Fund Management, a New York fund that specializes in distressed assets.

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Mr. Cecchi also expects more distressed assets, including bank loan sales, to hit the market in 2013.

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