# MatlinPatterson Global Advisers

MatlinPatterson Global Advisers is an Asset Manager based in New York, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2002
- **Assets under management:** Undisclosed
- **Website:** matlinpatterson.com
- **LinkedIn:** https://www.linkedin.com/company/matlinpatterson

## Regulatory record

- **Reports private funds:** No

## About

MatlinPatterson Global Opportunities Partners is a private equity financing firm. MatlinPatterson Global Advisers has made three investments, including a growth equity investment in Crescent Resource on June 28, 2012. The firm has also had three portfolio exits, with the most recent being FXI on September 08, 2017.

## Sectors

- Turnaround & Restructuring
- Private Credit
- Special Situations

## Offices

- London, United Kingdom

## People

- David J. Matlin — Chief Executive Officer
- Mark R. Patterson — Chairman

## Questions

### Who makes investment decisions at MatlinPatterson?

David Matlin, the CEO, and Mark Patterson, the Chairman, retain sole investment discretion. Both executives spent over a decade together at Credit Suisse's distressed-investing business before founding the firm in 2002. The firm does not operate an investment committee with independent members — decisions are made jointly by the two named principals based on their nearly 25-year partnership in distressed and special-situations investing.

### Is MatlinPatterson still actively raising new funds?

No. The firm has not closed a flagship commingled fund since MatlinPatterson Global Opportunities Partners III, which held its final close at roughly $4.5 billion in 2008. Since approximately 2015, the firm has focused on managing legacy portfolio assets and selectively deploying capital from its own balance sheet into private credit and special-situation opportunities. It does not publicly solicit new limited-partner commitments.

### What types of deals has MatlinPatterson historically pursued?

The firm specialized in control-oriented distressed buyouts — acquiring companies through Chapter 11 restructurings, pre-packaged bankruptcies, or deeply discounted secondary loan purchases. Notable investments included Flagstar Bancorp via recapitalization during the 2008 financial crisis, Reader's Digest Association out of Chapter 11, and Hawker Beechcraft in partnership with Centerbridge Partners. Target sectors included industrial manufacturing, transportation, telecommunications, and financial services.

### How is MatlinPatterson structured now that it is not fundraising?

The firm operates as a principal investment office, managing legacy fund assets through to exit while selectively originating new private credit and special-situation investments using proprietary capital. This structure is functionally similar to a permanent-capital vehicle, though MatlinPatterson has not formally converted to a family office or holding company. David Matlin and Mark Patterson remain the controlling principals.

### What is the firm's geographic investment focus?

MatlinPatterson's investment focus spans North America and Europe. The firm maintained a London office to source and monitor European distressed and special-situation opportunities, though the majority of its historically known portfolio companies — Flagstar, Hawker Beechcraft, Reader's Digest — were North American-domiciled businesses.

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- [Masnavi Capital](https://altss.com/profile/masnavi-capital)
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Last updated: 2026-06-03T20:00:00.000Z

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