Tim Selby spoke on the topic of "Event-Driven Strategies - Distressed Special Situation" during the Financial Research Associates' Hedge Fund Styles & Strategies 101/102 Conference on September 25, 8:45am - 9:35am.
Distressed investing involves investing in secured or unsecured debt and equity of troubled or bankrupt companies in expectation of a restructuring or turn-around. In addition to a contrarian approach to fundamental analysis, successful distressed investing requires consideration of a wide array of legal issues, particularly bankruptcy law, and potential conflicts among creditors, shareholders, etc.
This session applied the rubric to help you understand:
Identification of attractive risk-adjusted return--discovering niches of value
Increasingly varied approaches to distressed investing
Cycle timing and portfolio benefits--When distressed investing is attractive and when it is even more attractive
September 24-25, 2007
The Flatotel / New York, NY