About Contrarian Capital Management
Led by Jon Bauer, Janice Stanton and Gil Tenzer, Contrarian Capital Management, L.L.C. (Contrarian) is a distressed debt specialist with a distinguished track record that dates back to 1986. With 54 employees (29 of which are investment professionals) across offices in ...Greenwich (global headquarters), Paris, São Paulo and Beijing, Contrarian Capital manages approximately $3 billion in assets from a predominantly institutional investor base.
Contrarian’s 26 years of distressed investing experience, broad proprietary global network, and considerable knowledge of the restructuring process provide a significant edge. The Contrarian team actively looks for “off the run” opportunities that have significant barriers to entry, and companies that are less heavily trafficked by larger hedge funds and long only managers. Contrarian is mid-sized intentionally---large enough to thoroughly investigate virtually any distressed opportunity, yet small enough so that off-the-run positions can have a meaningful impact on performance.
Contrarian’s philosophy begins with the conviction that investing in distressed debt provides the ability to earn equity-like annual net returns with the protection rights of a debt holder. Contrarian has a strict requirement that all research is performed in-house, and employs a team approach to analysis to ensure that ideas are rigorously analyzed by multiple investment professionals from different perspectives. Results are continuously shared, reviewed and challenged, ultimately leading to greater confidence in the final recommendation. Historically, the firm has not employed leverage and continues to focus on limiting downside risk and maximizing total returns by conducting thorough fundamental analysis, applying conservative valuation metrics, and concentrating the portfolio in positions with the highest conviction level.
Contrarian is a Qualified Professional Asset Manager and is registered with the U.S. Securities and Exchange Commission as an independent registered investment advisor.
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Debt and Financial Distress
With nearly 20 years of experience in the development and management of distressed asset portfolios, Contrarian Capital Management, LLC, maintains a global presence with offices in North America, South America, Europe, and Asia. Clients rely on Contrarian Capital to ... Read More
A Major Shareholder in Safety-Kleen at the Time of its 2012 IPO
For nearly two decades, Contrarian Capital Management’s team of more than 50 investment professionals has sought out distressed securities worldwide as investment opportunities. In August 2012, a Wall Street Journal article highlighted the initial public offering (IP... Read More
