| Martin Sass | ||||||
Martin Sass celebrates his thirtieth year in the distressed-debt investing business this year. He is in no doubt that business prospects are the best he’s ever seen.
Sass, chairman of MD Sass Investors Service and also chairman of Resurgence Asset Management (which is 50% owned by Sass and 50% by its employees), describes himself as a “long-term investor” in distressed situations.
The funds he controls are a mixture of private equity, which focus on buying control of companies, and hedge funds, which take more opportunistic trading positions.
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