Rob Mendelson

Shenkman focuses on researching and investing across the entire capital structure of highly leveraged companies through in-depth, bottom-up, fundamental credit analysis. The firm seeks to invest primarily in higher quality debt of lower rated companies with strong and/or improving financial characteristics, while generally seeking to avoid those with a greater probability of default. They apply a risk-averse philosophy based on bottom-up fundamental credit analysis across all market environments. Their investment philosophy centers on the basic tenet that comprehensive, fundamental credit research is the key to realizing above-average returns over a full market cycle. Shenkman believes this core principle is essential to properly manage the inherently higher credit risk associated with below investment-grade assets.

Functions as a College/University

Venor uses a fundamental approach to source and execute event-driven opportunities across the capital structure. The firm seeks to deliver equity-like returns with credit-like downside protection through bottom-up research, security selection, incessant scrutiny, dynamic trading, and exposure management. They manage a concentrated portfolio of their highest conviction ideas, and act as a partner and resource for market color to thier investors. Venor predominantly invests in North America, Western Europe and countries with a proven legal framework for corporate action.