Since 1988, we have predicted failure and the practical remedies to either narrow its risk or widen its recovery. On behalf of more than 400 global clients, we also completed over $3 billion in predominantly distressed restructurings, refinancings, or mergers. Our failure model, which combines borrower data with advanced mathematics, provides a dynamic system for banks, institutional investors, hedge funds, and private equity groups to assess the likelihood a thinly-traded or non-public company will fail before such failure is deemed imminent.
Founded in 1988 by senior members of Mellon Bank's credit policy department, we maintained our commitment to credit analysis and failure prediction. Today, our failure model incorporates algorithms and metrics based on our extensive history of crisis management combined with your borrower data and advanced mathematics. We are led by David Weinberg, a graduate of Kenyon College and Cornell University (MBA in Finance), who was also awarded the CFA (Chartered Financial Analyst), CIRA (Certified Insolvency and Restructuring Advisor), CTP, (Certified Turnaround Professional), and CIP (Competitive Intelligence Professional) designations, and is one of the original founders.