Remove distressed-debt-hedge-funds
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Do Hedge Funds Exploit Material Nonpublic Information from Bankrupt Companies?

Reynolds Holding

Unsecured debt of distressed companies is a popular investment for certain hedge funds, not least because it often allows the funds to serve on a distressed company’s unsecured creditors’ committee (UCC) shortly after the firm files for Chapter 11 bankruptcy.

Equity 59
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Distressed Debt Hedge Funds: How to Become a Vulture Capitalist

Brian DeChesare

Ask anyone interested in distressed debt hedge funds for “the pitch,” and they’ll probably mention one of the following: “It’s like long/short equity or credit , but more interesting!” Distressed investing offers equity-like returns with lower risk.” These are nice sales pitches, but the reality is quite different.

Equity 83
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Single-Manager Hedge Funds: The Best Way to Get a Recurring Guest Spot on CNBC?

Brian DeChesare

If you think about the most “public” investors – the likes of Bill Ackman and David Einhorn – many of them have something in common: they operate single-manager hedge funds. In other words, they’re the public face and brand of their fund, and all investment decisions flow through them. 10 – 15 positions rather than 100+).

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Sales & Trading Exit Opportunities: The Top 10 Ways to Make Your Escape

Brian DeChesare

Sales & Trading Exit Opportunities Definition: An S&T “exit opportunity” is a different field that you enter after working in sales & trading for a few years; common examples are hedge funds , proprietary trading , middle office roles , and investor relations. Portfolio Manager at a multi-manager hedge fund ).

Banking 69
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Do Hostile Restructurings Mean a New Identity for the “Official Committee” in Bankruptcies?

Reynolds Holding

It began on a bright note, as his billion-dollar hedge fund stood to profit from a possible settlement in Neiman Marcus’ bankruptcy. [1] The last decade has witnessed a marked increase in aggressive strategies when it comes to the resolution of financial distress. [5]

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Convertible Arbitrage Hedge Funds: The Perfect Combination of Investment Banking and Sales & Trading?

Brian DeChesare

But there might be another equally valid answer: “If you can’t decide, do both and use your combined skills and experience to move into a convertible arbitrage hedge fund.”. Convertible bonds are hybrid instruments with elements of debt and equity, and some groups that trade convertible bonds also combine elements of S&T and IB.

Banking 64
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2022 End-of-Year Reader Q&A: Bank and School Rankings, the “New Normal” Environment, Twitter and Other Bad Deals, and Plans for Next Year

Brian DeChesare

Does the list vary for private equity and hedge funds ? The list would be nearly the same for private equity, but you might see more variability for hedge funds. Yes, they still had plenty of capital, but the funds they raised in 2006 – 2008 performed poorly, and it took years for fundraising and large deals to recover.

Banking 80