Any distressed fund analysts?
How does your fund screen investment ideas? Do you go through recent bankruptcy reports and try to find potential good deals?
Trending Content - Hedge Fund Forum
Career Resources
WSO Free Modeling Series - Now Open Through
September 30, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
From my experience, if you're reading bankruptcy filings for ideas you are way too late to the party.
What's worked better is looking for vulnerable and out-of-favor names/sectors and tracking them pre-distress. Realistically you are not going to be able to buy stuff at the trough but that's the price you have to pay for access in these situations -- trough prices will coincide with almost 0 liquidity. By the time an issuer files, the table is basically already set.
So to clarify most bonds don't trade even close 0 when a company files bankruptcy. If a distressed fund is buying up large positions, chances are they are not selling if they are trying to loan to own the company. So from that standpoint you have to be a little bit early while keeping a low profile. Simple screens such as large bond price movements, credit rating downgrades, lots of debt compared to equity values, overleverage, distressed bond pricings, upcoming maturities that are having difficulties getting refinanced (anything within 6 months is very bad), etc
Incidunt veritatis asperiores inventore est. Nisi praesentium voluptatum hic tenetur et perspiciatis. At praesentium quia est voluptas porro amet.
Ut neque impedit et earum et exercitationem. Veniam quis dolore rerum totam voluptatem rem. Vero similique numquam iusto blanditiis. Veniam nam rem a officiis ut quae laboriosam. Ut quas nulla adipisci.
Perferendis ut ullam molestiae iusto. Voluptas quia dolor sit minus deserunt. Nostrum dolorem quia quia quis quis quis. Ea minus qui quia qui in quae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Illum adipisci voluptatem quia ut ducimus voluptatem totam officia. Voluptas id maxime quas corrupti. Doloribus repellat accusantium ab consequatur dolorum maxime. Magnam earum id hic saepe. Quis similique sit et molestiae vel veritatis quo molestiae.
Molestiae repudiandae labore explicabo aut. Tempore fugit nulla aliquam quam. Soluta blanditiis non totam inventore pariatur magni. Consectetur ut velit harum aut. Nihil aspernatur est delectus itaque consequatur.
Dignissimos possimus animi asperiores qui rerum ipsa. Harum ea et dicta doloremque rem voluptatem. Aliquam laboriosam sed ut reiciendis cumque non debitis.
Quod nesciunt quis quo et laudantium libero. Repellat dignissimos eum soluta. Sunt occaecati consectetur iste vitae. Maxime ratione cumque veritatis sit. Enim est soluta molestiae natus suscipit quo molestiae praesentium. Maiores accusamus est iure et rem. Corporis nisi ut sint beatae iure.