Bracebridge Credit

Noticed the firm's post for a credit investment analyst - seems to be a fundamental opportunistic credit role, but with a greater focus on trading throughout the capital structure vs. deep diligence on a name. Curious what folks think of this kind of role (e.g. Citadel credit, Aristeia, Diameter? etc.) vs. more traditional public distressed funds? Learning experience, exit opps, comp, long term outlook? Also if anyone has any insight into the team within the firm specifically? Thanks. 

 
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Bracebridge has been around for a long time - I think fund is mostly fi focused - but not like goldentree/brigade with clos / long only aum / sma aum - for the credit side not sure on how often they trade / what book turnover is - they are not as trading focused / fast as a diameter or working at a credit pod at citadel- but I don’t think they are like a buy and hold- I do run into their analysts from time to time and they are generally pretty sharp - they seam to do a mix of liquid performing hy long / short and some distressed type stuff (have run into them on restructurings)

 

Thanks. Aside from capital base/fund structure would be curious how an analyst seat at bracebridge comps to goldentree/brigade (similar investment styles?) aside from location and generally if this is an attractive seat from a career perspective e.g. skillset, comp, exits etc. Based on searches it seems past analysts have gone to other credit funds like Cerberus

 

Hey OP, would you mind commenting under username so I could shoot you a DM? I’m joining a role like this at one of the funds you mentioned and would like to share some thoughts / hear yours

 

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