Groups like BX Tac Opps
Can anybody list a few funds that employ a strategy similar to Blackstone’s Tactical Opportunities fund? For example, a fund that invests in Private and Public Equity/Credit.
Can anybody list a few funds that employ a strategy similar to Blackstone’s Tactical Opportunities fund? For example, a fund that invests in Private and Public Equity/Credit.
Career Resources
APO Hybrid Value, Ares Special Opps, Iron Park / Atlantic Park, KKR Dislocation Opps, Silver Lake Alpine... probably a lot more than that...
This is what I’m looking for! Thanks
Dislocation Opps might genuinely be the worst name I've heard for a fund
Used to be called Special Situations Fund III but was rebranded Dislocation Opportunities Fund because initial strat flopped and they cleaned house, replaced PM, rolled over some LPs though many lost interest.
Bump
Updated list
BC Partners Credit
Oak Hill
Marathon
Castlelake
Fortress
Sixth Street
Apollo
Davidson Kempner
Beach Point
Atalaya
Brigade
Avenue
Monarch
Angelo Gordon
HPS
Vardë
King Street
Origami Capital
Elliott
DE Shaw
Bain Capital
Monroe Opportunistic Credit
Oaktree
Victory Park
MHR Fund Management
Baupost
PIMCO Special Sits
Silver Point
Would add probably one of the best platforms in the space, Ares Special Opps (ASOF)
Tikehau Special Opportunities
Blackstone TacOps is not a distressed focused fund nor is it a hedge fund - some of the names on these lists are just grossly inaccurate.
For example, King Street is known mostly for its liquid credit hedge fund strategies - parsing through BX TacOps homepage will quickly let you know that is not their mandate whatsoever. Aurelius is known for litigation focus, distressed investing, and playing in sovereign distress in the secondary markets - once again not TacOps' mandate.
Not to say TacOps can't overlap, but to draw equivalence is pretty inaccurate. That said anyone who gets hired there can probably figure that out.
Agreed on Aurelius, the prior list was largely special sits updated for Tac Opps like mandates. Although you’re wrong on King Street, they have a tactical and opportunistic credit vertical that has a similar mandate to Tac Opps
Yes and no - its not their bread and butter though
MS Tactical Value. Can do anything (like, anything) except majority equity.
Have always wondered about this strategy; never really hear about them but seem to have scaled a nice business.
The most similar is probably Brookfield SI
If you are interested in a fund that invests in private and public equities / credit would suggest checking out Blackstone Strategic Opportunities Fund.
Bain cap special sits, Oaktree SSF, GS Mezz Partners, KKR Opps are similar
Brookfield SI is a new group but very comparable, founded by ex-Blackstone TacOps
Aut ex nemo optio eum est. Est cupiditate totam non omnis ipsum velit ut repellendus. Possimus dolores ut consequatur doloremque quasi sunt. Iste sed minima amet omnis sequi possimus quia atque.
Dolorum esse sed blanditiis asperiores consectetur perspiciatis voluptatem. Non id occaecati ullam ducimus consectetur alias. Molestias nemo labore illo et maxime reiciendis reprehenderit. Et nemo aut cumque.
Eaque et repellat repellat veritatis ex unde quia. Id quas numquam id tenetur consequatur ut ipsam. Culpa corporis numquam expedita rerum voluptatum. In expedita a est quas itaque aliquam. Quos voluptatem sit numquam beatae quo. Aliquam fugiat nobis at exercitationem.
Aut nostrum vitae nobis officiis nostrum. Dignissimos voluptatem doloremque quaerat qui sequi et quis sint. Consequatur minima odit et esse eum sit aut. Soluta laudantium cupiditate odit corrupti.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...