Managing Director, Bankruptcy & Workouts

Intro description:

Legalist is a tech-enabled alternative asset manager that uses proprietary data-driven origination to invest in uncorrelated legal and government-payment assets. Founded out of Y Combinator in 2016, Legalist manages over $1.7 billion for endowments, foundations, and family offices.

Responsibilities:

• Lead bankruptcy, restructuring, and workout situations across investment portfolios
• Develop and execute recovery strategies, including litigation, negotiation, and restructuring pathways
• Step into complex or adversarial situations to protect Legalist’s position as a creditor or investor
• Partner with investment teams to address distressed or at-risk positions
• Evaluate distressed and special situations investment opportunities
• Manage external counsel and advisors in high-stakes matters
• Identify early warning signs and proactively mitigate risk

Qualifications:

• JD preferred
• 8–15+ years of experience in bankruptcy, restructuring, or distressed/special situations investing
• Background in a top law firm and/or distressed investment platform
• Deep expertise in U.S. bankruptcy law and creditor rights
• Strong commercial judgment and ability to operate across legal and investment considerations
• Proven ability to manage complex, high-pressure situations

Preferred Qualifications:

• Experience across multiple asset classes or investment strategies
• Familiarity with litigation finance or legal asset investing