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Invictus Lends to Small Firms Left Out of Big Funds’ Reach: Q&A

May 21, 2021, 12:00 PM

Cindy Delano, founder and chief executive officer of Invictus Global Management, sees an opportunity to lend to smaller, troubled companies that are outside the reach of larger funds and the Federal Reserve.

Delano, whose firm manages more than $89 million across distressed credit, litigation finance, bankruptcy and trade claims, spoke with Katherine Doherty on May 10. Comments have been edited and condensed.

How would you describe your approach to investing?

We look at the entire life cycle of a company undergoing distress. That typically spans event-driven distress, an upcoming maturity date or litigation liability that’s looming like opioids ...

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