Strategies

Unified Philosophy, Distinct Platforms

Contrarian’s strategies are rooted in a shared investment philosophy: protect capital, invest with discipline, and pursue asymmetric return potential. Across all strategies, we apply the same rigorous underwriting, collaborative decision making, and long-term perspective.

Our firm operates across three core investment verticals:

Developed Markets

Focused on credit and special situations in the U.S. and Western Europe, with investment professionals based in the U.S. and London, the Developed Markets strategy targets opportunities across the capital structure, which may include:

Public & Private Performing Debt
Trade Claims & Other Private Obligations
Capital 
Solutions
Restructurings
Post-reorg & 
Event-driven Equity

We concentrate on small and middle market opportunities, particularly where legal or structural complexity may create inefficiencies. Our approach seeks equity-like return profiles with the structural protections of credit instruments.

Within this platform, we manage distinct strategies:

Opportunistic Credit 

& Special Situations

A broad-based strategy drawing on Contrarian’s best ideas across the platform, incorporating elements of nearly all that we do.

Trade Claims

Specialized focus on transactions involving companies going through bankruptcy or liquidation, their vendors, and other counterparties; With over 30 years of experience investing in trade claims, Contrarian is a pioneer in this space.

Please visit the Contrarian Capital Trade Claims website at www.contrariantradeclaims.com for more information.

Closed-End 

Opportunistic Credit

A focus on smaller capital structure credit opportunities, including flexible financing solutions for small and medium sized borrowers, and investments in underserved non-corporate situations ranging from real estate and asset-based loans, to dislocated securities and claims.

Emerging Markets

The Emerging Markets strategy, established in 2006, targets opportunistic credit and special situations globally. We target large, liquid corporate and sovereign issuers, and pursue attractive, risk-adjusted returns through a combination of capital appreciation and yield capture. We also look to serve as a value-added partner, providing capital solutions to companies and management teams in need of financing.

With investment professionals based in Greenwich, London and Hong Kong, we pair global insight with local knowledge and language capabilities to navigate cross-border investments, complex legal regimes, and idiosyncratic catalysts. Additionally, Contrarian’s entire intellectual capital base of investment professionals, including dedicated legal resources, is leveraged to source, analyze and execute investment opportunities.

We employ deep fundamental research and local and international legal analysis to identify opportunities with hard catalysts to unlock value. Our rigorous research process includes a thorough understanding of business risk, cash flows, asset values, and sources of repayment, with a strong focus on downside protection. Ongoing research allows for prompt action in identifying and executing on attractive entry points to investment.

We operate with a deep well of institutional knowledge regarding key emerging market issuers, jurisdictional risks and global regimes, backed by decades of experience since the strategy’s inception.

The Emerging Markets strategy targets opportunities throughout the full market cycle, which may include:

Corporate 
Debt
Sovereign 
Debt
Special Situations Equity

Real Estate

The Real Estate strategy pursues opportunistic debt and equity investments across the U.S. through loans, securities, and equity joint ventures. The team draws on a sourcing and operating partner network cultivated over more than 30 years to identify and capitalize on complex situations and pricing dislocations across major property types and throughout the capital stack.

Prospective opportunities and co-lender or joint venture partner inquiries may be directed to this e-mail address: real-estate <at> contrariancapital.com

Core strategies include:

Bespoke Senior & Subordinate Financings
Performing & Distressed Loan Acquisitions
REO Dispositions & Property Liquidations
Co-Lender, 

Joint Venture & Platform Investments