Solus Alternative Asset Management LP
Solus Alternative Asset Management LP is a U.S.-based hedge fund and investment adviser headquartered in Summit, New Jersey. The firm specializes in alternative investment strategies with a focus on credit and event-driven opportunities. Founded in 2007, Solus manages funds for institutional clients, including pensions, endowments, and foundations. The firm employs a team of investment professionals and support staff with expertise in managing complex investment portfolios across credit and distressed assets.
Investment Strategy
Solus Alternative Asset Management LP pursues alternative credit and event-driven investment strategies, focusing on distressed assets, restructuring situations, special situations, and a concentrated portfolio of credit and equity holdings. The firm utilizes in-depth, bottom-up fundamental research and opportunistic positioning to capture value in mispriced credit and special situation equities. The strategy emphasizes risk management and seeks asymmetric return profiles through both long and short exposures, often capitalizing on dislocations in the credit markets.
Top Holdings
Equity Positions (8)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V VTOL | BRISTOW GROUP INC | 36.26% | $101.4M | 3,076,796 | $13.93 | $32.97 | +$2.8M |
V VEON | VEON LTD | 14.10% | $39.4M | 856,102 | $19.96 | $46.07 | +$2.1M |
X XOM | EXXON MOBIL CORP | 12.38% | $34.6M | 321,310 | $59.14 | $107.80 | -$3.6M |
V VLO | VALERO ENERGY CORP | 9.11% | $25.5M | 189,577 | $77.69 | $134.42 | +$1.6M |
C CVX | CHEVRON CORP NEW | 9.10% | $25.4M | 177,723 | $105.21 | $143.19 | -$5.3M |