# Lewis M. Wallensky Associates

Lewis M. Wallensky Associates is an Asset Manager based in Los Angeles, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Los Angeles, United States
- **Region:** North America
- **Address:** Los Angeles, CA, United States
- **Assets under management:** Undisclosed

## Regulatory record

- **CRD number:** 136489
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/136489

## About

LEWIS M. WALLENSKY ASSOCIATES is a state-registered investment adviser. The firm has 4 employees and 3 investment advisers. It operates with a small team.

## Sectors

- Hedge Funds
- Secondaries & Special Situations

## People

- Lewis M. Wallensky — Founder

## Questions

### What does Lewis M. Wallensky Associates actually invest in?

The firm purchases distressed legal assets — primarily bankruptcy claims, judgment enforcement receivables, and international arbitration awards — at discounts to their face value. It then manages the legal recovery process to collect on those claims. This is distinct from buying distressed company debt; the firm invests in the legal entitlement itself.

### Who runs investment decisions at the firm?

Lewis M. Wallensky founded the firm and serves as its principal. Public records do not indicate additional named partners or an investment committee structure. The firm operates as a founder-led boutique with a single decision-making layer.

### How does the firm source its deals?

Deal flow comes through a network of bankruptcy attorneys, claims-trading desks, and restructuring advisors who identify creditors willing to sell their claims for immediate cash. The firm does not advertise or run a broad origination platform. Sourcing is relationship-based and concentrated in the US bankruptcy ecosystem.

## Related profiles

- [Sanders Smith Limited](https://altss.com/profile/sanders-smith-limited)

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Last updated: 2026-06-03T20:00:00.000Z

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