What makes us different?
From distressed municipal debt to specialty telecommunications, our Special Situations team identifies unique investment and strategic ideas that fall outside of our core sectors, diving deep into the issues that focus on distressed or event-driven opportunities. This means constantly reevaluating ways to produce differentiated analysis that allows our clients to better understand regulatory pressure and legislative trends.
We live in the weeds.
In order to identify unique, non-traditional investment themes, our analysts strive to become experts on the opaque policy details. We sift through murky comment letters, proposed rules, agency publications, and legislative drafts. We also attend public hearings and visit the municipal bond issuers we cover in person in search of insight and conclusions often missed by others. Throughout our continued coverage, our analysts have built strong relationships with current and former senior officials in the United States and its territories, leading financial advisory firms, and vital members of the business community. These relationships allow us to closely track volatile situations and ensure that our coverage considers the viewpoints of those closest to the issues we cover. Capstone prides itself on digging deep to cut through the noise to provide context and differentiated insights.
Distressed municipal debt of Puerto Rico, Detroit, and Illinois
TXU/Energy Future Holdings Restructuring
Trucking and transportation
Product liability claims
Net metering policies
Our Latest Insights
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Crypto Clarity and Forced Hands Download January 21, 2022 2022 will be a pivotal year for shaping crypto regulation as the regulatory environment becomes clearer as regulatory hands will be forced. The Securities & Exchange Commission and other agencies will...
By: Cordell Eddings January 16, 2022 — If you were hoping for a quieter, less contentious, more predictable 2022, we think you'll be disappointed. You, and everybody else. Social scientists and cultural critics have noted the rise in nostalgia during the...