Intrepid RX Exodus to Cascadia

Recently saw in May 2026 that a majority of the Intrepid RX team left following the departure of group head Lorie Beers to Cascadia. Seems that Cascadia is making a pivot into the restructuring space. Anyone have any additional color on the situation at either Intrepid or Cascadia?

Article: https://www.abfjournal.com/cascadia-capital-launches-new-restructuring-special-situations-advisory-practice/

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