Monarch Alternative Capital

Monarch Alternative Capital LP is a privately owned hedge fund manager based in New York City, with an additional office in London. Founded in 2002, the firm specializes in investing in distressed debt and credit opportunities, primarily focusing on bankrupt companies. Monarch seeks to achieve superior risk-adjusted returns through a diversified portfolio that includes bank loans, corporate bonds, trade claims, and equity securities related to debt restructurings. The firm employs a fundamental analysis approach, emphasizing a bottom-up stock picking strategy supported by in-house research. Monarch's core investment strategy targets what it identifies as "good" companies with "bad" capital structures, utilizing an event-driven strategy to capitalize on situations where there is a perceived discount to fundamental value.