CRAIG DRILL CAPITAL CORPORATION

CRAIG DRILL CAPITAL CORPORATION

Craig Drill Capital Corporation was founded by Craig Drill, who previously worked at other investment firms before establishing his own shop. The firm operates as an asset manager, primarily targeting event-driven and special situations investments, including distressed debt, activist positions, and special purpose acquisition companies (SPACs). Public filings show the firm has held positions in companies such as Hertz Global Holdings and other restructuring situations (per SEC filings). The firm's strategy involves deep fundamental research and a focus on companies experiencing significant corporate events like bankruptcies, mergers, or operational turnarounds. Craig Drill Capital sources deals through its network of legal and financial advisors, as well as proprietary screening of public market opportunities. While its exact AUM is not publicly disclosed, the firm is known to manage capital for institutional clients and high-net-worth individuals. Craig Drill Capital operates from a single office in New York City, with no confirmed additional locations. The firm's team size is not publicly detailed, but it maintains a lean structure focused on senior-level decision-making. Over the past 24 months, the firm has been active in SPAC-related investments, including participating in de-SPAC transactions (per SEC filings). The firm's structural differentiator lies in its concentrated, high-conviction approach, where it takes significant stakes in a limited number of situations and engages directly with management and boards. This activist bent distinguishes it from traditional event-driven managers that may trade more passively.