Top firms for distressed investing. Solving for brand and deal experience more than ability to growth within the organization.

I am interested in identifying a list of the top 20-30 distressed debt / special situations groups on the street. I am industry and geography agnostic. I am solving for: (1) learning outcomes, (2) compensation (3) prestige. I am less concerned about (1) ability to grow within the organization (two year program is fine) (2) specific industry focus (3) culture.

Comments (6)

Mar 12, 2019

Hi Riskreturn6307, the silence is deafening, sorry about that.... Any of the threads below helpful?

  • A Few Observations on Investment Banking Exit Opportunities exits more than the brand on the door. Boutiques Investment Banks & Private Equity Yes, this ... top firms, and PJT will do the same. Best way to judge a firm's exits is to look at the people ... all of the above, bu
  • My View on the Current Top 10 Strategy Consulting Firms people from MBB and other top organizations to run its strategy group, and its among the best in the ... Deloitte S &O OW These are listed as T1.5 because they are considerably more prestigious than the T2 ... business for digital strategy, which bodes well for the future Strategy Consult
  • Breaking into buy-side equity research- my experience conclusions. 3. Passion for investing- possessing the above two would be sufficient for a scientist, but to be ... people with 0- 4 (up to 6 or more) years of experience. However, at the end of the program, the RA is ... a meritocracy of ideas? Is the quality of the
  • Allen & Co. the Invisible Investment Bank more because of its relationships rather than its ability to execute. As a result, the firm is rarely, ... a more well-rounded experience, better brand name, and better exit opportunities, a BB/EB tends to be ... looking for some more analyst help given
  • Allen & Co.- An In-Depth Review ability to execute. As a result, the firm is rarely, if ever, the sole advisor in large deals: it will ... the firm's true deal volume. Clients often come to Allen & Company for its discretion, since ... . For those interested in a more well-rounded experience
  • 2019 On-Cycle PE Recruiting: Headhunter Ranking website. Speaks for itself. Seem to place materially more Pre-MBA Associates than any other headhunter. ... list not distributed to my knowledge. Arguably stronger for HFs. Uniquely strong PE presence in TX and ... forever. Deserve a higher ranking on here for those not looking at MFs or Upper MM shops. A few random ...
  • AMA: Big Four Valuation Associate- Deciding Whether This Job Is Right For You experience, and observations after a year on the desk. Also, in order to provide candidates for these roles ... to provide insight into the firm's capital allocation / operational abilities. Notable Deal ... not going to be competitive for the more inter
  • More suggestions...

Hope that helps.

Most Helpful
Mar 14, 2019

This has been posted many times before:

Elliott Management
Aurelius Capital
Solus Alternative
Fir Tree Partners
Brigade Capital
Angelo Gordon
BlueMountain
Oaktree Capital
Silver Point Capital
Canyon Partners
Davidson Kempner
York Capital

https://www.wallstreetoasis.com/forums/most-active...
https://www.wallstreetoasis.com/forums/top-distres...
BTW, no one cares about prestige. You care about reputation in distressed investing stemming from actual experience dealing with such parties in an out of court or chapter 11 process.

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Mar 15, 2019

Knighthead
Beach point
Mudrick
Contrarian

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Mar 14, 2019

Jason from Mudrick is very astute investor, and came from Contrarian. Knighthead is also a great firm that came out of Redwood.

Beach Point I think of as more a high yield shop that will get sometimes stuck as term lender in distressed situations (see Cumulus).

Mar 15, 2019
DistressedFund123:

Jason from Mudrick is very astute investor, and came from Contrarian. Knighthead is also a great firm that came out of Redwood.

Beach Point I think of as more a high yield shop that will get sometimes stuck as term lender in distressed situations (see Cumulus).

Haha redwood was another I meant to mention but forgot when I was typing.

There are also up and comers and places that have started up in the last couple years

Axar
Marble Ridge
Nokota
JH Lane
Lion Point

Mar 14, 2019
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