High-yield, Distressed Debt, and Special Situations Groups

Does anyone know who the most well-regarded High-yield/ distressed debt/ special situations groups are on the street? I know that Oaktree, Centerbridge, and Angelo Gordon all have very strong teams and track records. Who else am I missing?

5 Comments
 

BX credit is not really a large player anymore, more of a GSO legacy, they are not planning to raise a new opportunities/special situations fund once they finish deploying the current one. Still have 3-4 guys that will trade distressed on the more liquid side and will also do "opportunistic" structured/hybrid/hairy solutions sometimes in private credit, but generally not really a huge player in distressed/special situations anymore. All of G,S, and O have left and Ryan Mollet left to Angelo Gordon's efforts 

 

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