Damsel in Distressed with Dominique Mielle

This episode of the FEG Insight Bridge features Dominique Mielle, well-known distressed debt investor, former partner and senior portfolio manager at Canyon Capital, and author of the book Damsel in Distressed: My Life in the Golden Age of Hedge Funds. After 20+ years in distressed debt investments, she published the first-ever hedge fund memoir by a woman. Dominique and Greg discuss what it was like to be the only woman in the room (and an immigrant, no less), what inspired her to write a book about her experiences, and why she decided to retire before 50. Dominique also explains why diversity is a key asset for hedge funds, how the recent changes in Fed activity are affecting the distressed landscape, and which American habit she simply cannot stand.

Chapters

0:00 - Intro

0:35 - Episode Overview

01:58 – Dominique’s story

04:04 – Defining distressed debt investing

06:46 – Breaking down the tools of the trade

10:15 – What types of debt can be distressed?

11:35 – Dominique’s shift from investor to author

15:29 – Being the only woman in the room

19:07 – The hidden asset of diverse perspectives

23:20 – Building resilience in the ups and downs of the market

28:23 – The impact of QE and QT on distressed investing

30:31 – Dominique’s take on diminishing returns in the hedge fund industry

34:56 – On retiring before 50 and life in retirement

38:20 – The one American habit Dominique can’t stand

Disclosures

This information was prepared by Fund Evaluation Group, LLC (FEG), a federally registered investment adviser under the Investment Advisers Act of 1940, as amended, providing non-discretionary and discretionary investment advice to its clients on an individual basis. Registration as an investment adviser does not imply a certain level of skill or training. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. Fund Evaluation Group, LLC, Form ADV Part 2A & 2B can be obtained by written request directed to: Fund Evaluation Group, LLC, 201 East Fifth Street, Suite 1600, Cincinnati, OH 45202 Attention: Compliance Department.

This information is prepared for informational purposes only. It does not address specific investment objectives, or the financial situation and the particular needs of any person who may receive this presentation. Neither the information nor any opinion expressed in this report constitutes an offer, or an invitation to make an offer, to buy or sell any securities.

The information herein was obtained from various sources. FEG does not guarantee the accuracy or completeness of such information provided by third parties. The information in this presentation is given as of the date indicated and believed to be reliable. FEG assumes no obligation to update this information, or to advise on further developments relating to it.