About Us  |   Contact Us  |   Register  | Login  |   

Follow HedgeWorld on Twitter HedgeWorld on LinkedIn




Distressed investing webinar - download us!

By Chris Clair

There’s a Darth Vader “… join us or die” joke in there somewhere, but since distressed investing isn’t really a matter of life or death, I’ll just leave it as an invitation.

Time is runnng out has run out to register to participate in our 90-minute web seminar (known in the lingo as a “webinar”) tomorrow at 11 a.m. Eastern Time. We‘ll be presenting presented the results of our third annual insolvency survey, which takes a snapshot of how investors viewed the distressed space last year and how they think it will play out this year. We’ll also engage in some hopefully lively discussion with our panelists:

  • Richard Bendix, partner at the Dykema law firm and co-leader of its bankruptcy and restructuring practice. He has more than 30 years experience as a business bankruptcy and creditors’ rights attorney.

  • Jon Anderson, global head of over-the-counter derivatives and valuations at GlobeOp Financial Services in New York. He has more than 20 years of derivatives-related trading and operational experience. Before joining GlobeOp in 2008, Jon was managing director and head of trading technologies at BlueMountain Capital Management.

  • Randall Wright Patterson, managing partner of Lake Pointe Partners, a nationally-recognized turnaround consulting firm he founded in 2004. Prior to that managing principal of the Chicago office of BBK Ltd., a turnaround consulting firm. He has more than 25 years experience working with underperforming and financially distressed businesses in both consulting and interim management roles.

    2009 was a banner year for distressed investing. Distressed managers were the top-performing subset of the Hennessee Hedge Fund index, up nearly 43%. In its 2010 outlook, Hennessee predicted distressed investors would again see stellar returns. D.E. Shaw announced earlier this month that it was putting together a team to look at buying portfolios of distressed assets. SAIL Advisors also announced a new distressed fund and in so doing, Vincent Duhamel, chief executive of SAIL, said, “As a strategy [distressed] was not popular in 2009 as investors were still focused on liquidity but there are lots of longer-term, 2 to three year invstment opportunities out there.”

    As always, with distressed investing, one person’s pain is another person’s gain. Are distressed investors the ultimate optimists, or the ultimate opportunists?

    There’s still room on the phone and online for you to add your voice to the conversation. Please join us and share your thoughts, opinions and questions. The more the merrier. You can still order a CD-ROM of the presentation.

    To register do so, go here: http://www.hedgeworld.com/webinars/

  • Leave a Reply






    Contact Us:    About Us   Privacy   User Policy  Legal Disclosure Copyright/DMCA  Site Map    FAQ    Glossary  Reuters for Hedge Funds
    All rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of HedgeWorld content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. HedgeWorld is a registered trademarks Thomson Reuters.