Kennedy Lewis
Kennedy Lewis Capital Company is a New York-based alternative credit investment firm founded in 2017 by David Chene and Darren Richman, both formerly of Anchorage Capital Group. The firm specializes in performing and opportunistic credit strategies across corporate credit, structured credit, and private lending, managing approximately $16 billion in assets for institutional investors including pension funds, endowments, insurance companies, and sovereign wealth funds. Kennedy Lewis also manages publicly registered investment vehicles accessible to a broader investor base, including closed-end funds listed on the New York Stock Exchange.
Kennedy Lewis's investment strategy spans performing corporate credit, distressed and special situations credit, and direct lending, with particular expertise in complex, structured, and under-followed credit situations where the firm believes fundamental value is mispriced by the broader market. The firm combines fundamental bottom-up credit research with top-down macro analysis and portfolio construction discipline to build diversified credit portfolios that target attractive risk-adjusted returns across market cycles. Kennedy Lewis invests across the full capital structure — from senior secured loans to subordinated debt and equity — in both public and private credit markets, with an emphasis on finding opportunities where its analytical edge can generate superior outcomes.
Kennedy Lewis has grown rapidly since its founding to become a respected and well-regarded credit investment firm, attracting significant institutional capital through consistent performance and a disciplined approach to credit analysis. The firm's founders' track record and their ability to build a platform that combines institutional-quality credit research with entrepreneurial flexibility has positioned Kennedy Lewis well within the competitive credit-focused alternative investment landscape. Kennedy Lewis's registered closed-end funds extend its credit capabilities to individual investors, providing accessible exposure to its institutional credit strategies in regulated, publicly listed vehicles.