Knighthead Capital Management

Knighthead Capital Management, founded in 2008, is a New York-based investment firm specializing in event-driven, distressed credit, and special situation investments. The firm employs a team of experienced professionals who focus on fundamental analysis, operational and financial turnarounds, and risk management to generate attractive risk-adjusted returns for its clients while emphasizing capital preservation. Knighthead manages assets across various investment vehicles, including insurance asset management, real estate lending, and both closed and open-ended funds.

The firm's investment strategy centers on identifying unique opportunities in distressed and special situations, with a particular emphasis on turnaround situations, operational restructurings, and tailored capital solutions. Knighthead's portfolio spans multiple industries, including financial services, real estate, automotive, sports, infrastructure, technology, healthcare, consumer goods, energy, media, telecommunications, retail, transportation, hospitality, and education. The firm operates primarily in the United States and the United Kingdom, reflecting its commitment to global investment opportunities.

Knighthead's track record demonstrates a disciplined approach to capital preservation and rigorous risk management. The firm's investments include a 49% stake in Birmingham Phoenix, a franchise in The Hundred cricket tournament, and a significant minority stake in Legacy Motor Club, a NASCAR team. These strategic investments highlight Knighthead's expertise in global sports and infrastructure, as well as its ability to navigate complex investment landscapes to unlock value where others see risk.