Contrarian Capital Management

 

The Distressed Equity Strategy seeks to invest in a portfolio of 1) equities in companies emerging from bankruptcy, 2) bonds or bank debt that will be converted into equity, 3 equities in companies in or near financial distress, and 4) equities in general value and special situation companies.

The Distressed Equity Strategy has a global mandate, but primarily focuses on the US, and is permitted to invest throughout the capital structure.

The Distressed Equity Strategy does not employ leverage (except that inherent in short positions).

 


A portfolio of distressed, value, event-driven and special situation securities purchased at a discount to intrinsic value.
-By focusing on distress, the Strategy seeks to capture inefficiencies in the process of converting debt into equity.
-By focusing on other value and special situation, the fund leverages its valuation analysis and opportunistic approach to investing.

Diversified portfolio of approximately 20 core positions
-Directional portfolio
-May be concentrated in industries or individual positions



This unparalleled distressed investing experience gives competitive advantages in debt-to-create-equity and post-bankruptcy equity investment opportunities

Broad network of contacts facilitating the identification of uncorrelated, off-the-run investment opportunities

 


Portfolio Manager: Graham Morris
© 2011 Contrarian Capital Management, LLC. All Rights Reserved.