King Street Capital?

Here is my current understanding of the firm: 

• After Fran decided to step down in 2019, there was some consideration as to whether King Street should be wound down or what exactly should be done with it; as Fran was considered the "franchise" talent. They had the flagship hedge fund and also the Rockford Tower CLO platform, which like all CLO platforms was generally portable/sellable. It wasn't entirely clear what clients would do with their capital and if they wanted to stay
• Some of the senior investment professionals left to start their own respective things. For instance, Pat Dowd left to start the credit effort at Viking
• The remaining team - Brian, Young, David, etc. decided to replug in and re-raise capital. They now have two funds - my understanding is that one resembles the old flagship of distressed/stressed credit investing, and another is more Diameter-like in flipping things for points. As someone else noted, the old KS did hire a lot of traders and had no shame about flipping things as opposed to working them out through a process; if they thought it was easier
• The new AUM is down since the Fran days - high singles relative to high teens when Fran was around
• I was surprised to see them so aggressively in WeWork; which I am not directly involved in but I think the general consensus is they did well in equitizing and forcing Softbank to contribute more $$$ to the pot. Time will tell if that is a good investment or not, but I think their process work was good
• My understanding is that they are slightly more "poddy" following the departure of Fran - they have a new office in Charlottesville that mainly accommodates a Healthcare PM
• I unfortunately don't have any insight into their interview or case study process