Fixed + Floating

https://is1-ssl.mzstatic.com/image/thumb/Podcasts221/v4/dd/b8/3b/ddb83b98-3ed2-d757-f4ed-a93d7c932833/mza_6055117670278322179.jpg/600x600bb.jpg

Fixed + Floating

Josef Pschorn

3 episodes

5 days ago

A show for institutional investors and finance professionals exploring the forces shaping credit markets. Hosted by Portfolio Manager Josef Pschorn, the podcast features conversations with leading voices from investing, research, and academia - covering distressed situations, credit cycles, liquidity, and more. The goal: to cut through complexity and deliver insights that matter.

Investing

Business

RSS

All content for Fixed + Floating is the property of Josef Pschorn and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Investing

Business

Episodes (3/3)

Fixed + Floating

Inside First Brands’ Collapse - Jared Muroff (Octus)

Ep 01: Inside First Brands’ Collapse - Jared Muroff (Octus)

In the debut episode of Fixed + Floating, Josef Pschorn unpacks the collapse of First Brands with Jared Muroff, Head of Special Situations at Octus. Discover what went wrong, what it means for credit markets, and how investors should think about risk in today’s environment.

🎙️ In this episode:

What led to the First Brands collapse
How working capital financing fueled the crisis
The nuances of its Chapter 11 restructuring
Rising legal fees and hidden bankruptcy costs
Recovery prospects and trade ideas
Are we still pricing credit risk correctly?

Jared brings over a decade of buy-side and restructuring experience, including senior roles at Balbec Capital and ASM Capital.

00:00 Inside First Brands’ Collapse - Jared Muroff (Octus)

00:20 Introduction

01:26 Why Is First Brands Turning Heads?

14:08 Working Capital: The Mechanics Behind the Meltdown

30:52 Inside First Brands’ Chapter 11: Understanding the Restructuring Nuances

44:37 The Way Forward for First Brands

50:49 Legal Fees on the Rise: The Hidden Cost of Bankruptcy

53:22 Recovery Prospects and the Smart Trade

01:05:32 Are We Still Pricing Credit Risk Correctly?

01:13:48 Inside Apollo’s Short: The Big-Fund Advantage?

🔥 Subscribe for full episodes: https://www.youtube.com/channel/UC7al5J1-P_taxdFuPV92KSg?sub_confirmation=1

📩 Email: Josef@fixedandfloating.com

📌 Connect with us on LinkedIn or Twitter/X

#CreditInvesting #FinancePodcast #MacroMarkets #FixedFloating #FirstBrands #DistressedDebt

1 week ago

1 hour 18 minutes 11 seconds

Fixed + Floating

Inside First Brands’ Collapse - Snippet

1 week ago

38 seconds

Fixed + Floating

Fixed+Floating - The Credit Podcast: Official Trailer

Welcome to Fixed + Floating: The Credit Podcast! 🎙️

Launching this November, Fixed + Floating brings institutional credit investors in-depth conversations with leading voices in credit and macro markets. Our trailer gives you a sneak peek of the insights and strategies we’ll cover in full episodes.

Listen to expert discussions on:

- Credit markets and investment strategies

- Macro trends shaping global finance

- Interviews with industry leaders and market experts

Subscribe now on Spotify to never miss an episode: https://open.spotify.com/show/1AVhofAsVGoyC1xeIUda9K?si=4vjGpUrVQhS_KMboAsFUmg

Connect with us and learn more:

LinkedIn: https://www.linkedin.com/company/fixed-floating/

Twitter/X: https://x.com/FixedFloating

2 weeks ago

58 seconds