Anchorage Capital Advisors, L.P.

Executive Summary

Anchorage Capital Advisors, L.P. is a global credit-oriented investment firm with $27.8 billion in AUM, formed in 2022. Led by Co-CIOs Yale Baron and Thibault Gournay, the firm focuses on a wide range of assets across the credit spectrum, including performing loans and bonds, distressed debt, special situations, and structured credit. They primarily invest in both U.S. and Europe, seeking to capture attractive opportunities across the corporate credit spectrum.

Snapshot

Fund SizeN/A USD
Stages FocusPre-Seed, Seed, Series A
Sectors FocusN/A
Portfolio Size1 companies

Investment Thesis

Anchorage Capital's investment thesis revolves around credit-oriented investments, leveraging bottom-up fundamental research and active trading across the corporate credit spectrum. They target defaulted and leveraged issuers in North America and Europe, utilizing an active long and short investment strategy.