Max Frumes joins 9fin to lead global distressed debt coverage


Company Announcement

Max Frumes joins 9fin to lead global distressed debt coverage

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  1. 9fin team
3 min read

We’re excited to welcome Max Frumes to 9fin as our Global Head of Distressed and Restructuring, as we continue our US expansion throughout 2024.

Max is a big name in the industry. As well as having led the special situations team at LevFin Insights and established the distressed editorial operation at Reorg, he co-authored *The Caesars Palace Coup,* recognised as a definitive text on the industry.

We’re super excited to have Max on board. There are very few journalists out there who can match his expertise and passion for covering distressed debt, and he’s also got a huge amount of experience building teams and products in this space. There’s no-one better to take our distressed coverage to the next level.”

- Steven Hunter, Co-Founder and CEO, 9fin

What does this mean for the company?

9fin is growing fast in the US, having launched leveraged finance coverage in 2022 before expanding into private credit and structured credit last year. Distressed coverage was the final addition in 2021.

Based in our New York office, Max will focus on:

  • Building out the distressed editorial, credit analyst and legal analyst teams in the US (check out our open roles)
  • Growing and developing 9fin’s already established European distressed coverage, helping cover more situations in more detail

Who else is on the team?

Max is joined on the US distressed team by recent editorial hires Rachel Butt and Max Reyes (both formerly of Bloomberg) and distressed analyst Kartikeya Dar (formerly of Houlihan Lokey).

“I couldn’t think of a better platform than 9fin on which to be growing another leading news team in distressed and restructuring. I have been greatly impressed by their dedication to developing the best technology and putting it in the hands of world-class journalists, lawyers and analysts to produce cutting edge content for the fixed income world.”

- Max Frumes, Global Head of Distressed and Restructuring, 9fin

This hire, following our launch of 9fin AI in October 2023, sets us up for a strong year, positioning 9fin as the leading provider of data, news and predictive analysis across all aspects of leveraged capital markets.

What does this mean for our customers?

The addition of US distressed news and analysis will expand our coverage of global distressed credit markets.

This, paired with 9fin’s news and data teams covering Leveraged Finance, Private Credit, and Structured Credit, will make it even easier for our customers to access the latest information and keep up to speed on debt market developments.

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