Investor Type | Firm |
Industries | Hardware (& Manufacturing) • Oil & Gas (& Mining) |
Investing | United States |
Investment Range | $560,000,000 - $560,000,000 |
Monarch Alternative Capital is an investment fund that specializes in the distressed debt market. Founded in 2002 initially as Quadrangle Debt Recovery Advisors, the firm was spun-off from Quadrangle Group in 2008 and subsequently rebranded as Monarch Alternative Capital. They focus on investing in the debt of distressed and bankrupt companies with a diverse portfolio that includes bank loans, public and private corporate bonds, trade claims, and occasionally equity securities which are usually obtained through debt restructurings. They operate with a clear investment thesis that targets opportunities in a variety of challenging financial situations, leveraging their expertise to identify value where others may see only risk. Monarch Alternative Capital engages in thorough research to understand the potential of their investments with an eye on industries like Hardware, Manufacturing, Oil & Gas, and Mining. The fund maintains a very specific investment range with both their minimum and maximum investment size set at $560,000,000, indicating a strategy focused on significant commitments in the assets they select. Their approach takes advantage of complex, distressed debt situations by seeking to influence the restructuring process in a way that optimizes outcomes for the fund and its stakeholders. Their strategic moves often require a deep sector-specific understanding combined with an experienced hand at navigating the legal and financial intricacies that accompany distressed assets. The teams specialize in identifying undervalued debt offerings and understanding the fundamental shifts in the industries they target, thus they are poised to act swiftly when the right opportunity presents itself.