First off, I wanted to thank all the members and applicants of the Distressed Debt Investors Club. The site is currently populated with nearly 50 ideas (corresponding to 50 members) ranging from spin off analysis, merger arbitrage, distressed municipal bonds, and many straight bond and bank debt ideas. If you are like me, finding yourself scratching your head, looking for relevant, alpha-generating ideas in this market where good ideas are hard to come by, the Distressed Debt Investors Club provides you with a community of professional investors pitching and discussing long and short ideas, up and down the capital structure, on a daily basis.
The goal of the site is simple: To create the very best community of distressed debt and credit investing professionals out there. The site is structured so that new members are given access to all ideas presented in the database meaning from Day 1 you are exposed to a litany of due diligence performed by vetted professionals that will give you a head start when looking and researching new ideas.
I know it's a different idea than anything out there right now because this site is focused on credit and distressed debt investing. Other "investment club" websites may have one or two ideas in the span of a few months related to a high yield or distressed debt situation. Over 75% of our ideas are credit / distressed related with the balance being event-driven equities and equity shorts. I guarantee that you will find no other place where buy-siders and sell-siders alike are exchanging ideas of this quality in the credit space.
If you would like to apply, please click the logo below. For tips on applying, please visit the FAQ as well as our post on tips when applying to the DDIC. Hope to see you on the site.