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.

Meet Our Team

Our History


Founded to invest in securities of companies undergoing challenges.


Fund I - $303 million


Fund II - $753 million


Fund III - $1.04 billion


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.

Contact Us

T: (212) 455-9700
F: (212) 697-5524

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