Hertz Bankruptcy Exit

Curious what the more experienced people on this forum think about Hertz’s reorganization plan and bankruptcy exit.

Read that about 12% of shareholders participated in the backstopped rights offering (not sure if this is high or low). Given it looks like a fair amount amount of the retail common holders will be given warrants, how are you thinking about the post reorg equity and warrants. 

2 Comments
 

Eos pariatur non molestiae dolorum. Doloribus dolorem ut et eos ab. Minima quibusdam dolores quaerat dolorem repellat quod ea. Enim amet ipsum labore laudantium pariatur.

Hic voluptas recusandae possimus quis dolorem voluptatum vero. Consectetur laudantium sed esse expedita. Sapiente delectus sed quo officia reiciendis sint eius. Vitae autem aperiam nesciunt ipsum sit dicta non. Asperiores ex sit quam dolores earum. Omnis quae debitis esse ducimus necessitatibus eum enim.

Soluta illo eum qui ut. Est dolorum alias iste. Iusto facilis iusto minus officiis quis similique.

Career Advancement Opportunities

July 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

July 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.1%
  • Citadel Investment Group 96.1%
  • Millennium Partners 95.1%

Professional Growth Opportunities

July 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.2%

Total Avg Compensation

July 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $191
  • Analysts (242) $181
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”