Brian DeChesare

SEPTEMBER 13, 2023

You can also get into distressed investing with a legal background because the job requires you to interpret confusing documents and know the details of the restructuring and bankruptcy processes. If you want to join directly out of an MBA program, you’ll almost certainly need turnaround or distressed experience pre-MBA.

Equity 103

Equity Banking EBITDA Start-ups 103

Brian DeChesare

JULY 27, 2022

4) Moderate Net Exposure and Beta – Most credit funds are in the middle of the pack here, with Betas to equities and bonds in the 0.4 – 0.5 For example, to process and check loan documents efficiently, you’ll have to pay for covenant-review services or lawyers. range, depending on the strategy. The Top Credit Hedge Funds.

Equity 52

Equity Start-ups Private Equity Firm Beta 52

Brian DeChesare

MAY 24, 2023

Capital Structure Trades – Or you could focus on Jacobs’ ~$4 billion in debt and long or short some of their bonds (or use credit default swaps) if you believe its credit rating will change once the deal takes place. But lock-up periods are longer than most long/short equity funds.

Equity 64

Equity Start-ups EBITDA Banking 64