UPDATE 1-As coronavirus fears grow, private equity eyes distressed investments <!-- no image --> <div>* Cash held as "dry powder" hit record high in 2019 (Adds link to distressed debt story, background)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=1Ina95vUC9U:JstoOzPG3wI:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=1Ina95vUC9U:JstoOzPG3wI:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=1Ina95vUC9U:JstoOzPG3wI:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=1Ina95vUC9U:JstoOzPG3wI:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=1Ina95vUC9U:JstoOzPG3wI:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/1Ina95vUC9U" height="1" width="1" alt=""></div> Posted by Reuters