2006
Founded to invest in securities of companies undergoing challenges.
About Us
We seek to ascribe value to companies and situations where others may not see value.
We invest in securities of companies that may be stressed or undergoing operational, financial, or other challenges, and in securities trading at a discount to intrinsic value.
Our History
2007
Fund I - $303 million
2010
Fund II - $753 million
2014
Fund III - $1.04 billion
2019
Fund IV - $825 million
Our long-term capital and flexible mandate enable us to act as a true partner to management teams and other investors seeking non-traditional capital solutions to complex strategic and operational objectives.
