Distressed Debt Recruiting from BB IB

Can someone explain the recruiting process to exit from a BB IB to a Distressed Debt hedge fund? I heard recruiting starts this December for the 2018 analyst class. Is this true? Should I wait for recruiters to reach out to me or should I reach out to them? What are the headhunting firms that recruit for Oaktree or Anchorage? Any insight to this process would be greatly appreciated.

Thanks!! -Confused Analyst

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