Contrarian Capital Management, L.L.C.
Contrarian Capital Management, L.L.C., founded in 1995 and headquartered in Greenwich, Connecticut, is an alternative asset management firm specializing in global credit- and event-driven investing, including distressed securities, special situations, and emerging markets. The firm primarily serves institutional investors and employs approximately 49 professionals. Contrarian manages assets through a variety of commingled funds and separate accounts.
Investment Strategy
Contrarian Capital Management specializes in investing in distressed securities, special situations, and event-driven credit opportunities worldwide. The firm seeks value in financial assets that are trading at significant discounts due to credit or operational dislocation, typically through a bottom-up, fundamental analysis approach. Contrarian aims to deliver superior risk-adjusted returns by exploiting inefficiencies in global credit, restructuring markets, and complex situations where their specialized expertise can unlock value.
Top Holdings
Equity Positions (33)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
H HSBC | HSBC HLDGS PLC | 22.01% | $76.9M | 1,265,656 | $55.91 | $60.79 | +$4.3M |
G GGB | GERDAU SA | 15.93% | $55.7M | 19,069,112 | $3.01 | $2.92 | +$1.1M |
B BUR | BURFORD CAP LTD | 10.43% | $36.5M | 2,556,748 | $13.25 | $14.26 | +$3.9M |
V VALE | VALE S A | 9.87% | $34.5M | 3,551,171 | $10.61 | $9.71 | -$2.3M |
T TX | TERNIUM SA | 8.55% | $29.9M | 992,413 | $32.41 | $30.10 | -$1.1M |
Industry Allocation
Investment Team (11)
| Name | Role | Location | |
|---|---|---|---|
B Brett Rowland | Co-Portfolio Manager | Greenwich, CT , United States | |
 | Partner | Greenwich, CT , United States | |
 | Partner | Greenwich, CT , United States | |
J Joshua Bansal | Vice President | New York, NY , United States | |
 | Portfolio Manager | New York, NY , United States | |
 | Managing Director Corporate Credit | New York, NY , United States | |
K Keith McCormack | Managing Director | Wilton, CT , United States | |
P Peter Zuckerman | Portfolio Manager | New York, NY , United States | |
 | Senior Vice President, Real Estate | Greenwich, CT , United States | |
 | Portfolio Manager | Greenwich, CT , United States |