Contrarian Capital

Established in 1995 by Jon Bauer, Janice Stanton, and Gil Tenzer, Contrarian Capital Management LLC is an investment management firm specializing in distressed debt securities, particularly privately traded and complex distressed claims. Before founding Contrarian Capital, Bauer and Stanton ran Distressed Debt & Trade Claims for Oppenheimer & Co. They have worked together since 1986, joined by Tenzer in 1993, and they bring a broad global network to their work. Contrarian Capital's team is experienced in all aspects of distressed investing, including senior secured debt, trade claims, direct lending, real estate, and reorganized equity. In addition, the firm will become involved in restructuring when necessary.

For nearly 30 years, the firm's founders have worked to identify the most rewarding opportunities in the US, Western Europe, and emerging markets. Headquartered in Greenwich, Connecticut and with offices around the world, Contrarian Capital is well positioned to invest in global markets. The company's team of 53 is located in the US, Sao Paulo, Hong Kong, and Paris and has members fluent in eight languages. Since this firm does all of its research in-house, this language capability makes thorough on-the-ground investigation possible for every investment opportunity. The company's investment team does deep research into the cash flow, assets, legal status, and credit of every investment considered for their portfolio.

Contrarian Capital Management protects its entire portfolio by strictly avoiding leverage. Additionally, their capital is maintained through the diversity of their portfolio and by first-principles analysis of investment opportunities using conservative valuation metrics. A multi-billion dollar firm, Contrarian primarily manages institutional client assets with a focus on "off the run" opportunities that have high barriers to entry.