Best medium sized credit funds

Based on the most helpful WSO content, it's clear that both large and small funds participate in distressed situations. However, a smaller fund can still employ a similar strategy by investing in middle market restructurings. In terms of performance, anyone who has averaged 10%+ returns in the last 5 years would easily be in the top quartile.

However, it's important to note that the specific names of the best medium-sized multi-strat hedge funds focused on credit aren't mentioned in the WSO threads. I would recommend checking out the latest WSO rankings or forum discussions for the most up-to-date information.

Remember, while size can play a role in the types of strategies a fund can employ, it doesn't necessarily determine the success of the fund. It's also crucial to consider the fund's team, track record, and approach to risk management.

Sources: https://www.wallstreetoasis.com/forum/hedge-fund/the-future-of-special-situations-distressed?customgpt=1, Most Active / Top Distressed Hedge Funds, Q&A: Credit Analyst (Multi-Strat Credit Fund) >$5bn Fund