Distressed securities

9fin expands into CLOs with Tanvi Gupta and team

Retrieved on: 
Monday, October 16, 2023
Leveraged buyout, Private credit, Entrepreneurship, News, CLO, Lisp (programming language), Distressed securities, Financial services

The CLO team will be led by Tanvi Gupta, formerly of Creditflux, who joins 9fin as Global Head of CLOs, based in London.

Key Points: 
  • The CLO team will be led by Tanvi Gupta, formerly of Creditflux, who joins 9fin as Global Head of CLOs, based in London.
  • More of Gupta's former colleagues are set to join 9fin in the coming months.
  • Steven Hunter, Co-Founder and CEO of 9fin, commented: "We are thrilled to have Tanvi and her colleagues at 9fin.
  • Will Caiger-Smith, US Managing Editor at 9fin, commented: "Tanvi and her team are the absolute best at what they do.

9fin expands into CLOs with Tanvi Gupta and team

Retrieved on: 
Monday, October 16, 2023
Leveraged buyout, Private credit, Entrepreneurship, News, CLO, Lisp (programming language), Distressed securities, Financial services

The CLO team will be led by Tanvi Gupta, formerly of Creditflux, who joins 9fin as Global Head of CLOs, based in London.

Key Points: 
  • The CLO team will be led by Tanvi Gupta, formerly of Creditflux, who joins 9fin as Global Head of CLOs, based in London.
  • More of Gupta's former colleagues are set to join 9fin in the coming months.
  • Steven Hunter, Co-Founder and CEO of 9fin, commented: "We are thrilled to have Tanvi and her colleagues at 9fin.
  • Will Caiger-Smith, US Managing Editor at 9fin, commented: "Tanvi and her team are the absolute best at what they do.

Oppenheimer & Co. Inc. Announces Hiring of Distressed Debt Team

Retrieved on: 
Thursday, September 7, 2023
Bear Stearns, Senior, TD, Oppenheimer Holdings, Research, Distressed securities, History, McDermott, High-yield debt, RBS, Environment, NYSE, Security (finance), Financial services

NEW YORK, Sept. 7, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – announced today a significant expansion to its Fixed Income Division with the addition of ten distressed debt team members.

Key Points: 
  • NEW YORK, Sept. 7, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – announced today a significant expansion to its Fixed Income Division with the addition of ten distressed debt team members.
  • McDermott is an expert in the field and has an established history of managing Distressed Debt, Loan Trading and High Yield teams.
  • His team brings industry recognized expertise in the sales, trading, research, and settlement of distressed securities and bank debt.
  • McDermott concluded, "The combined team has decades of experience and extraordinarily deep relationships within the distressed debt community.

Paladin Recognized For Outstanding Consulting Work In 2020 By Global M&A Network

Retrieved on: 
Wednesday, June 30, 2021
Finance, Money, Debt, Distressed securities, Mergers and acquisitions, Economy

Their commitment and dedication have been recognized by the Global M&A Network in their annual Turnaround Atlas Awards, honoring the best value-creating transactions, outstanding firms, professionals and leaders from the global restructuring, insolvency, and distressed investing communities.

Key Points: 
  • Their commitment and dedication have been recognized by the Global M&A Network in their annual Turnaround Atlas Awards, honoring the best value-creating transactions, outstanding firms, professionals and leaders from the global restructuring, insolvency, and distressed investing communities.
  • Paladin claimed the award for 'Boutique Turnaround Firm of the Year' and was recognized for its work with MD America in winning the 'Pre-Pack Restructuring of the Year.'
  • A number of standards and criteria are evaluated in selecting award winners, including the firm's advisory record, expertise, team and leadership.
  • Paladin is a middle-market advisory firm driving value creation through financial and operational consulting services.

Crowell & Moring and Kibbe & Orbe to Join Forces

Retrieved on: 
Thursday, March 18, 2021
Crowell & Moring, Financial markets, Moring, Distressed securities, Financial services

Firms Build Financial Services Powerhouse in New York, London and D.C.

Key Points: 
  • Firms Build Financial Services Powerhouse in New York, London and D.C.
    NEW YORK, March 18, 2021 /PRNewswire/ -- Crowell & Moring and Kibbe & Orbe have agreed to join forces to provide expanded service offerings to clientsin the financial services industry.
  • The firm is a leading voice in evolving markets, new asset classes, non-bank lending, and litigation finance.
  • We believe that Crowell & Moring offers the ideal platform with its broad spectrum of complementary practices, government-facing experience, and financial services industry knowledge.
  • "Kibbe & Orbe has a core team of distressed debt and claims trading lawyers that is one of the most experienced in the world.

Crowell & Moring and Kibbe & Orbe to Join Forces

Retrieved on: 
Thursday, March 18, 2021
Crowell & Moring, Debt, Moring, Distressed securities

NEW YORK, March 18, 2021 /PRNewswire/ -- Crowell & Moring and Kibbe & Orbe have agreed to join forces to provide expanded service offerings to clientsin the financial services industry.

Key Points: 
  • NEW YORK, March 18, 2021 /PRNewswire/ -- Crowell & Moring and Kibbe & Orbe have agreed to join forces to provide expanded service offerings to clientsin the financial services industry.
  • The firm is a leading voice in evolving markets, new asset classes, non-bank lending, and litigation finance.
  • We believe that Crowell & Moring offers the ideal platform with its broad spectrum of complementary practices, government-facing experience, and financial services industry knowledge.
  • "Kibbe & Orbe has a core team of distressed debt and claims trading lawyers that is one of the most experienced in the world.

LCM Partners wins two Private Debt Investor 2020 awards

Retrieved on: 
Tuesday, March 2, 2021
Finance, Money, Banking, Credit, Private credit, Distressed securities, Private equity secondary market, Draft:LCM Partners

LONDON, March 2, 2021 /PRNewswire/ -- LCM Partners is proud to announce that it has won two Private Debt Investor Awards for 2020: European Distressed Debt Investor of the Year and Global Fundraising of the Year.

Key Points: 
  • LONDON, March 2, 2021 /PRNewswire/ -- LCM Partners is proud to announce that it has won two Private Debt Investor Awards for 2020: European Distressed Debt Investor of the Year and Global Fundraising of the Year.
  • Private Debt Investor is the publication of record for private debt, tracking the institutions, the funds and the transactions shaping the world's private credit markets.
  • Its annual awards are now in their eighth year with winners selected based on votes received from the publication's readers, including private debt industry participants and the institutional investor community.
  • "We are truly humbled by the support we have received from our Limited Partners over the last 12 months, and are pleased to have won these two Private Debt Investor awards.

LCM Partners wins two Private Debt Investor 2020 awards

Retrieved on: 
Tuesday, March 2, 2021
Finance, Money, Banking, Credit, Private credit, Distressed securities, Private equity secondary market, Draft:LCM Partners

LONDON, March 2, 2021 /PRNewswire/ -- LCM Partners is proud to announce that it has won two Private Debt Investor Awards for 2020: European Distressed Debt Investor of the Year and Global Fundraising of the Year.

Key Points: 
  • LONDON, March 2, 2021 /PRNewswire/ -- LCM Partners is proud to announce that it has won two Private Debt Investor Awards for 2020: European Distressed Debt Investor of the Year and Global Fundraising of the Year.
  • Private Debt Investor is the publication of record for private debt, tracking the institutions, the funds and the transactions shaping the world's private credit markets.
  • Its annual awards are now in their eighth year with winners selected based on votes received from the publication's readers, including private debt industry participants and the institutional investor community.
  • "We are truly humbled by the support we have received from our Limited Partners over the last 12 months, and are pleased to have won these two Private Debt Investor awards.

KBRA Releases CREFC Day 1 & Day 2 Recap

Retrieved on: 
Friday, January 22, 2021
Commercial Building & Real Estate, Construction & Property, Professional services, Finance, Finance, Money, Economy, Fixed-income securities, Mortgage, Banking, Loans, Mortgage loan, Distressed securities, Bond, Commercial mortgage, Debt

Kroll Bond Rating Agency (KBRA) releases its CREFC Day 1 & Day 2 Recap.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) releases its CREFC Day 1 & Day 2 Recap.
  • Whereas last years Miami conference drew close to 2,000 commercial real estate professionals, roughly 3,500 registered attendees and panelists assembled virtually.
  • The Day 1 virtual sessions consisted of closed sessions by various CREFC forums.
  • The last open session of the day, Weaving Gold from Straw: Fundamentals of Distressed Commercial Mortgage Debt discussed various aspects of distressed debt.

H.I.G. Capital Announces a Number of New Senior Level Positions

Retrieved on: 
Monday, January 11, 2021
Finance, Banking, Professional services, Other Professional Services, Human resources, Finance, Money, Investment, H.I.G. Capital, Private equity, Distressed securities, Tony Tamer

Capital ("H.I.G.

Key Points: 
  • Capital ("H.I.G.
  • "), a leading global alternative investment firm with $43 billion of equity capital under management, announced today the promotions of Keval Patel, Adam Schimel, Ricky Stokes and Jeff Zanarini.
  • Adam Schimel will Co-Head H.I.G.s Bayside Capital special situations and distressed debt strategy in the U.S. alongside Jackson Craig.
  • is a leading global private equity and alternative assets investment firm with $43 billion of equity capital under management.