Hedge Fund - Contrarian Capital

Contrarian Capital Management is a partner-owned distressed investing specialist with global headquarters in Greenwich, Connecticut, and offices in Paris, London, São Paulo, and Hong Kong. Focused on distressed assets in the US, Western Europe, and Emerging Markets, Contrarian seeks "off-the-run" opportunities with strong asset coverage and significant discounts. Its real estate arm targets distressed properties across the same regions, managing acquisitions, developments, and private real estate funds. Registered with the U.S. Securities and Exchange Commission (SEC) and designated as a Qualified Professional Asset Manager (QPAM), Contrarian is committed to regulatory compliance and transparency.

Jon Bauer, alongside Janice Stanton and Gil Tenzer, established Contrarian Capital in 1995, building on their collaborative experience managing funds and seizing opportunities within distressed companies during their tenure at Oppenheimer & Co. Notably, Bauer spearheaded the formation and leadership of the Distressed Securities Group within the firm. Presently, Contrarian Capital maintains its steadfast commitment to distressed investing. Under Jon Bauer's stewardship, Contrarian Capital has amassed an impressive asset under management (AUM) exceeding $3 billion.

Contrarian Capital Management stands as a prominent hedge fund, boasting a client base of 27 discerning investors. As per their latest Form ADV dated March 28, 2024, the firm manages discretionary assets totaling an impressive $4,584,157,760. Noteworthy insights gleaned from their Q4 2023 13F filing reveal holdings of managed 13F securities amounting to $410,653,858, with a remarkable concentration of 91.09% in the top 10 holdings. Among these holdings, the largest position is held in Gerdau SA ADR, with an impressive 18,240,285 shares.