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Midbridge Advisors
David Sadkin founded Midbridge Advisors LP in 2014, establishing a New York-based investment manager focused on credit and event-driven strategies.
Midbridge Advisors
David Sadkin founded Midbridge Advisors LP in 2014, establishing a New York-based investment manager focused on credit and event-driven strategies. Prior to Midbridge, Sadkin was a distressed credit trader at Goldman Sachs, an experience that shaped the firm's orientation toward complex, less-followed situations. The firm registered with the SEC in 2015 (per SEC filings). Midbridge deploys capital across distressed credit, special situations, and structured private credit with an emphasis on middle-market companies. The strategy seeks to capture illiquidity and complexity premia through direct origination and rigorous in-house underwriting. The firm has participated as a lender and capital solutions provider in corporate restructurings, bridge financings, and asset-backed lending, targeting risk-adjusted returns uncorrelated to public equity and fixed income markets. Known activity includes US and European credits. The firm operates a lean investment team in New York. In May 2024, Midbridge Advisors LP filed a Form ADV amendment reflecting continued advisory operations solely to pooled investment vehicles (per SEC filings). The firm's structural distinction lies in its mandate to function as a concentrated credit shop rather than a diversified opportunistic credit fund. This architecture allows it to underwrite each position deeply without the pressure to deploy across a broad front, a posture more common in equity-focused family offices than in institutional credit managers.
General information
Firm type
Asset Manager
Year founded
2014
AUM
$250M - $500M (Altss estimate)
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
David Sadkin
Founder & Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Midbridge Advisors?
David Sadkin, the founder, serves as Chief Investment Officer and makes all material investment decisions. Sadkin previously traded distressed credit at Goldman Sachs and brings that sourcing and underwriting discipline to Midbridge's concentrated portfolio approach.
Is Midbridge Advisors structured as a hedge fund, private credit fund, or something else?
Midbridge operates as an SEC-registered investment adviser managing pooled investment vehicles. The strategy blurs the line between hedge fund and private credit by taking concentrated, event-driven positions in middle-market situations where illiquidity and complexity create pricing inefficiencies.
How does Midbridge Advisors source proprietary deal flow?
Midbridge relies on direct origination through Sadkin's network from Goldman Sachs and the broader distressed and special-situations community. The firm targets bypassed middle-market credits that are too small or complex for larger institutional desks, giving it a sourcing edge without competing in broad auction processes.
Does Midbridge Advisors participate in fund commitments or only direct deals?
Midbridge primarily underwrites direct credit and event-driven positions. The firm's stated advisory structure focuses on pooled investment vehicles it manages, and its public filings show no secondary fund-of-funds activity as a material allocation.
What investment sectors does Midbridge Advisors typically target?
The firm is sector-agnostic but focuses on special situations, distressed credit, and structured private credit, with known activity spanning corporate restructurings, bridge financings, and asset-backed lending in North America and Europe.
How is Midbridge Advisors different from larger distressed-credit managers?
Midbridge operates a concentrated portfolio, which permits deeper underwriting on each position. Unlike managers that must deploy across dozens of names, Midbridge can allocate meaningfully to a small number of high-conviction, illiquid situations without overdiversifying returns.
Where does Midbridge Advisors' founding capital come from?
The firm is not associated with a disclosed family-office source of wealth. Sadkin seeded the firm and raised institutional capital, positioning Midbridge as an independent asset manager rather than a captive family investment vehicle.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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