Chief Investment Officer
Managing Partner and Portfolio Manager – Control and Illiquid Investments
Portfolio Manager – Liquid Investments
MatlinPatterson Global Advisers LLC
Control and Illiquid Strategies
MatlinPatterson’s illiquid strategies are characterized by control or active participation in the restructuring of distressed companies. The team invests in senior and subordinated, secured and unsecured debt and equity, in both public and private companies.
In seeking to build value for investors and the companies themselves, MatlinPatterson provides investment capital and management oversight to companies facing financial challenges. The MatlinPatterson team partners closely with management to address key issues and to help rebuild companies into sustainable and often best-in-class businesses well-equipped to compete in the global marketplace.
Since 1994, MatlinPatterson’s investment professionals have invested over $14 billion of capital in approximately 450 passive non-control, active non-control and control situations across multiple jurisdictions worldwide, amidst challenging conditions and over many economic cycles.
MatlinPatterson’s liquid, non-control credit strategies focus predominantly on stressed and distressed investments across the corporate capital structure. Our flexible investment mandate enables us to capitalize on idiosyncratic credit opportunities more liquid and short-term in nature than the control strategies. Our portfolio managers categorize risk and allocate capital across six main investment categories: restructuring, stressed credit, liquidation, litigation, equity and curve/capital structure arbitrage. Intense fundamental research coupled with a macro view and quantitative risk management drives our investment process as we seek to optimize return and protect capital.
These liquid credit strategies seek to generate absolute returns with low volatility through non-investment grade credit or derivatives throughout the default cycle. In managing these broad portfolios our investment team looks for inefficiencies in selected markets and across corporate capital structures often in situations distinct from mainstream investment opportunities.