Mudrick Capital Management

Mudrick Capital Management

Mudrick Capital Management launched in 2009 under Chief Investment Officer Jason Mudrick, establishing itself as an SEC-registered specialist in distressed credit and deep-value event-driven investing. The firm manages approximately $3.1 billion on behalf of institutions including endowments, foundations, insurance companies, private banks, fund-of-funds, family offices and high-net-worth individuals. The strategy spans the corporate capital structure with a focus on stressed and distressed situations across the U.S. and European credit markets. Mudrick targets investments with what it describes as attractive risk-reward profiles, aiming for equity-like returns with credit-like risk characteristics. The firm has deployed over $12 billion since inception across more than 300 investments, operating through commingled funds and separate accounts. A 30-person team built around a core of senior research analysts and portfolio managers drives the investment process. Scott Bynum runs global stressed credit as a managing director, while senior analysts Kent Kim, Shankar Murugavell, Matt Pietroforte and Andrew Meares cover sectors and geographies. Glenn Springer serves as CFO and Carly Gross leads investor relations. The firm's research staff has collectively served on over 275 boards and creditors' committees, reflecting a hands-on approach to distressed situations that demands governance involvement. The firm's boutique structure allows it to concentrate on complex restructurings without the constraints of a diversified multi-strategy platform. Mudrick Capital's dual presence in New York and London provides direct access to the two largest distressed-debt markets, while its self-described orientation toward uncorrelated returns positions it as a specialist rather than a scaled credit manager.