Hedge Fund - Corre Partners

Corre Partners operates as an alternative asset manager, specializing in seizing opportunistic, deep-value investments throughout the capital structure of middle-market companies facing temporary challenges. Their focus lies in identifying under-followed companies undergoing turnaround efforts, with investments spanning restructurings, stressed opportunities, and other unique situations, including customized capital solutions. Established in 2009, the firm oversees a portfolio exceeding $1 billion across evergreen and drawdown vehicles.

John Barrett brings nearly three decades of investment experience across public and private credit and equity markets. Before founding Corre, he was a Senior Analyst at Trafelet Delta Funds, focusing on financials and leading credit-related investments. Prior to that, at Avenue Capital, he co-managed a Trade Claim Group and led investments in various sectors, amassing over $1 billion in undervalued securities. Throughout his career, John has served on multiple Boards, currently as Board Observer for Team Inc. He began his journey at KPS, specializing in middle-market turnarounds. John holds a Bachelor of Arts from Dartmouth College.

Eric Soderlund brings three decades of diverse experience in the financial industry, spanning investment management, risk and operational management, trading, and credit underwriting. Prior to co-founding Corre, he served as a Partner at Trafelet Delta Funds, where he held dual roles as Head of Risk Management and Senior Trader since 2003. Eric's expertise includes equity and credit trading, macro and hedge positions, and building operational infrastructure. Before Trafelet, he worked in equity derivative sales at Deutsche Bank and UBS, and started his career as a credit analyst at National Westminster Bank. Eric holds an MBA from Kellogg School of Management at Northwestern University and a BA from Colgate University.

Corre Partners Management serves 9 clients with discretionary assets under management totaling $1,112,608,988, as disclosed in their Form ADV dated March 2024. In their latest 13F filing for Q4 2023, the firm reported holdings of $44,343,252 in managed 13F securities, with a top 10 holdings concentration of 100%. Notably, their largest holding is NN Inc., with 6,633,261 shares held.