Jonathan Bergman explains “We tend to think that distressed and dislocation-type strategies are probably the best way to achieve double-digit returns from this point … From today, where the S&P is near its all-time high”. TAG does not use any external investment consultants, with the manager research portion of its 70-strong staff conducting 700 manager meetings a year.
https://hfm.global/hfminvesthedge/news/ny-based-8bn-multi-family-seeks-ar-distressed-debt/