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Special Situations Group
Experience across special situations, opportunistic credit, and event-driven equity
Our Mission
Alcalá Capital’s Special Situations Team develops USD’s top investing talent for careers in restructuring, leveraged finance, private credit, special situations investing, and private equity. The team is built around disciplined investment thinking—deep fundamental analysis, capital-structure awareness, and thesis-driven decision making—supported by rigorous technical training and consistent exposure to experienced professionals.
The group is intentionally selective and small. Members are trained to evaluate complex situations, identify asymmetric risk-reward profiles, and clearly articulate investment views in a buy-side–oriented setting.
Investment Strategy
Influenced by leading opportunistic credit, tactical opportunities, event-driven, and special situations investors, the team focuses on identifying mispriced opportunities across both debt and equity where market perception diverges from intrinsic value.
The mandate spans a broad range of special situations, including:
– Stressed and distressed credit
– Capital-structure dislocations and cross-capital arbitrage
– Merger, spin-off, and carve-out related mispricings
– Event-driven equity with asymmetric payoff profiles
– Situations involving restructuring, refinancing, or operational change
The emphasis is on high-conviction ideas with defined catalysts, downside protection, and differentiated insight.
Roster
President
TBD
Sector Heads
TBD
Analysts
TBD