
Higher Rates Widen Options for Distressed Players, Mudrick Says
Published on: Aug. 15, 2025, 5:21 p.m. | Source: Livemint
Since 2009, when Jason Mudrick set up his fund Mudrick Capital Management, the world of distressed debt investing has seen three major changes: private equity plays a larger role in the economy, low rates have encouraged highly leveraged capital structures across sectors and there’s weaker financial documentation.