Here is description from website, its the distressed prop desk within FICC
Distressed Debt Investing, is a proprietary investing group that uses value-based analysis to make investments throughout the capital structure, including bank debt, bonds, preferred stock, common stock and options with an emphasis in holding equity or "equity-like" non-cash paying securities.
Anyone have any more info? Thx.
i know a girl who's interning there this summer. apparently the interview process was brutal... i'll find out more about it from her once the internship starts.
people there are very nice though you're expected to pull your weight and to start contributing immediately. it's a pretty good group, not really much else i can speak about it.
untilted, actually there's no girl interning there this summer. there's a similar group called Bank Loan Distressed Investing that's under prop distressed that the girl might be interning in, though she's started
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