Jason Mudrick, formerly of Contrarian
Capital Management, is mapping out a new distressed strategy to be offered on
August 1, according to marketing materials obtained by Absolute Return.
At Contrarian, Mudrick was founder and
portfolio manager of Contrarian Equity Fund, a distressed vehicle that began
trading in October 2002. Through September 2008, when Mudrick left Contrarian,
the fund reported an average net annual...