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Fund Manager: 50 Retailers Could Go Bankrupt This Year
Monday, April 3, 2017 - 2:28pm | 424Read More...Throughout the first quarter of 2017 there have been nine different retailers that filed for Chapter 11 bankruptcy. At an annualized pace, this trend implies 36 retailers will become bankrupt this year, twice as many as 2009's peak of 18. But according to Mudrick Capital Management's founder and...
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'Massive Opportunity' Found In Distressed Issues
Thursday, February 5, 2015 - 7:17am | 384Read More...Chief Investment Officer at Mudrick Capital Management LP (a hedge fund with over $1.2 billion in assets under management) Jason Mudrick was on Bloomberg recently to talk about the “massive opportunity” he finds in distressed issues. Related Link: Blackstone Group Raising Fund To...
