Distressed Debt Hedge Funds

This week, I was sent a paper by Jongha Lim, a PHD student at Ohio State, entitled The Role of Activist Hedge Funds in Distressed Firms. In my opinion this is one of the best academic papers addressing distressed debt and distressed debt investing this year. I reached out to Jongha and we will be doing an interview with him in the coming weeks. Fascinating piece of work.

With that said, Jongha compiled a list of all funds participating in distressed debt and he is allowing me to use his data here. And if you would like to add yourself or another name to the list, please email me.

Cerberus Capital Management L.P / Madeleine LLC / Ableco Finance LLC

Oaktree Capital Management (OCM)

Angelo, Gordon & Company

Highland Capital Management LP

Appaloosa Management

Silver Point Capital

D.E.Shaw Group

Loeb Partners / Third Point Management

R2 Investment (Amalgamated Gadget LP / Q Investment)

Avenue Capital Group

Fortress Investment Group LLC

GSC Capital (Greenwich Street Capital Partners)

Citadel Investment Group LLC

Farallon Capital Management LLC

Stanfield Capital Management

Apollo Management

Ares Management LLC

Black Diamond Capital Management

Contrarian Capital Management

Elliott Associates LP

MatlinPatterson Global Advisors LLC / MatlinPatterson Capital Management LP

Satellite Asset Management LP

Sankaty Advisors LLC

W.R. Huff Asset Management Co. LLC

Harbert Management Corporation

Icahn Capital Corporation / Thornwood Associates LP (Controlled by Carl Icahn)

Taconic Capital Partners (Taconic Capital Advisors / Taconic Capital Management)

TUDOR INVESTMENT

Harbinger Capital Partners

AEGON USA Investment Management LLC

Bear Stearns Asset Management Inc

Blackstone Group

Davidson Kempner Capital Management LLC (MHD Management Co. LLC)

DDJ Capital Management LLC

Everest Capital LLC

LoneStar Partners LP

Mariner Investment Group LLC (Caspian Capital Partners)

SOROS Fund Management

Stark Investment LTD Partnership

Baupost Group LLCMA

Third Avenue Management LLC

Magten Asset Management Corp

SAC Capital Advisors LLC (Sigma Captial Management LLC)

Oak Hill Capital Partners / Oak Hill Investment Managemetn LP

Anchorage Capital Partners LP / Anchorage Advisors LLC

Babson Capital Management LLC (David L. Babson & Co. Inc)

Canyon Capital Advisors LLC

The Carlyle Group / Carlyle Investment Management LLC

ESL Investments Inc (Edward Lampert)

Fir Tree Inc

GSO Capital Partners LP

Halcyon Partners LP / Halcyon Asset Management LLC

Jana Partners LLC

KKR FINANCIAL Holdings LLC / Kohlberg Kravis Roberts & Co. LP

Marathon Asset Management LP

MHR Fund Management LLC (Rachesky)

Moore Capital Management

Och Ziff Capital Management Group LLC / Och Ziff Friedheim / OZF Management LLC

Onex Corp. / Onex Capital Management LP

Patriarch Partners LLC

PENN Capital Management Company Inc

Perry Capital LLC

Plainfield Asset Management

Sandell Asset Management

Seneca Capital Advisors / Seneca Capital Investments LP

Stonehill Capital Management LLC

TCW Group Inc (TCW/Crescent Mezzanine LLC)

Turnberry Capital Management LP

Varde Partners Inc

W.L. Ross & Co. Inc

Wayzata Investment Partners LLC

Fernwood Associates LTD

Harbour Town Funding LLC

HBK Investments LP

Welsh, Carson, Anderson & Stowe (WCAS)

Hicks, Muse, Tate & Furst Inc.

PAR Investment Partners

Oak Hill Advisors LP

1798 Global Partners

Abrams Capital Management LLC

Ahab Capital Management LLC

Bay Harbour Investments Inc

Bennett Asset Management Corp

Black River Asset Management LLC / CarVal Investors LLC (Cargill Inc)

Catalyst Investment Management Co LLC

Cohanzick Management LLC

Commonwealth Advisors Inc

Delaware Street Capital

Dune Capital Management LP

Durham Asset Management

Forest Investment Management LLC

Gabriel Capital Corp

Gracie Capital LLC

Gramercy Advisors LLC

Greenlight Capital Inc

Greywolf Capital Management LP

Harvest Management LLC

Highbridge Capital Management LLC

King Street Capital Management LLC

Latigo Partners LP

Laurel Ridge Asset Management LP / Laurel Ridge Partners

Litespeed Management LLC / Litespeed Partners LP / Litespeed Capital LLC

Longacre Fund Management LLC

Mason Capital Management

HBV Capital Management

ORE HILL PARTNERS LLC

Owl Creek Capital

Pershing Square Capital Management LP

Quadrangle Group LLC (Quadrangle GP Investors LLC / Quadrangle Equity Investors Ltd / Quadrangle Equity Management LLC)

RAMIUS Capital Group (RCG)

Scoggin Capital Management LP

Strategic Value Partners LLC

Sunrise Partners LLC

Tennenbaum Capital Partners LLC

TPG Capital LP (Texas Pacific Group)

Triage Capital Management LP

Trilogy Capital LLC

Venor Capital Management LP

Wellspring Capital Management LLC (Wellspring Capital Partners LP)

Wexford Capital LP

Wilfrid Aubrey LLC

York Capital Management

Z Capital Partners LLC / Z Capital Management LLC

Tontine (Capital) Partners LP / Tontine Associates LLC

Morgens Waterfall Vintiadis & Co. Inc

Pacificor LLC

QVT Financial LP

Sandler Capital Management

J.H. Whitney & Co.

Quattro Global Capital LLC

Wellington Management Co. LLP

Warburg Pincus LLC

Forstmann Little & Co.

Thomas H. Lee Partners

Lydian Asset Management

Creedon Capital Management (Creedon Kelly & Partners)

Kistefos AS

Dalton Investments

Deerfield Capital Management LLC

Greenhill Capital Partners

Mittleman Brothers Partners

Toscafund Asset Management

Blue River Asset Management

AAC GP LLC

Advantage Advisers Multi Manager LLC

Alcentra Inc

Apex Capital Management

Armory Advisors LLC

Arrow Investments Inc

Audax Group LP

Aurelius Capital Management

Basso Capital Management L.P

Beach Point Capital Management LP

Berens Capital Funds

Blue Mountain Capital Management LP

Blue Ridge (Blue Water) Capital Management LLC

BlueBay Asset Management

BlueCrest Capital Management LP

Boone Capital Management

Brencourt Advisors LLC

Bridgehampton Capital Management LLC

Brigade Capital Management

Campbell GP

Camulos Capital

Candlewood Partners LLC

Cape One Financial LLC

Carl Marks & Co.

Caxton Associates

CDK Group

Concordia Advisors LLC

Corsair Capital Management LLC

Courage Investments Inc

DB

D.B.Zwirn & Co. L.P.

Deephaven Captial Management LLC

Deltec Asset Management LLC

DKR Capital Inc

Eight Capital Management Ltd

EJF Health Care GP LLC

Endurance Asset Management LLC

EOS Partners

Epic Capital Management

Eton Park Capital Management

Fairfield Greenwich Advisors LLC

Falcon Point Capital

Faxtor Securities BV

FH International Financial Services Inc

FrontFour Capital Group LLC

Fundamental Capital Management LLC

Further Lane Securities

Gates Capital Management

Glenview Capital Management

GLOBAL CREDIT ADVISORS

Gravity Partners LP

Gruss Asset Management

Guggenheim Investment Management

Halbis Capital Management USA Inc

H Partners

Harbinger Capital Partners

Havens Advisors LLC

Helios Capital Management

Hudson Bay Capital Management

IBS Capital Corp

Insight Investments LLC

Ivory Investment Management

K Capital Partners

KS Capital Partners

Kellner DiLeo Cohen & Co., LLC

Kilimanjaro Advisors

KS Capital Partners

Lampe, Conway & Co. LLC

Levine Liechtman Capital Partners

Lighthouse Investment Partners LLC

Lyster Watson

Marblegate Asset Management

Millennium Management

Moab Capital Partners LLC

Moriah Capital Management LP

MONARCH ALTERNATIVE CAPITAL LP

Monomoy Capital

New Generation Advisers

OCTAVIAN ADVISORS LP

Outrider Management

P. Schoenfeld Asset Management LLC (PSAM)

Pacific Capital Advisors

Parallax Capital Partners LLP

Pardus Capital Management LLC

PAULSON & CO INC

Pegasus Investment Partners LP

Pequot Capital Management LLC

PERELLA WEINBERG PARTNERS CAPITAL MANAGEMENT

Pinewood Capital Partners

Private Advisors LLC

Pursuit Partners LLC

Redwood Capital

Restoration Capital Management LLC

Resurgence Asset Management

RMBS Management LLC

Salisbury Capital

Schultze Asset Management LLC

Scott's Cove Capital Management LLC

Seix Investment Advisors

Shenkman Capital Management Inc

Sierra Liquidity Fund

Simran Capital Management LLC

SOLUS ALTERNATIVE ASSET MANAGEMENT LP

Southpaw Asset Management

Sun Capital Partners Inc

TENOR CAPITAL MGMT COMPANY LP

The Occasio Fund LLC

Tradewinds Investment Management

TRICADIA CAPITAL LLC

Tuckerbrook

Ventura Capital Management LLC

VR Group

Washington Corner Capital Management

Whippoorwill Associates, Inc.

William E. Simon & Sons