[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.] #  @Restructuring__ Restructuring__ Restructuring efforts are underway in various companies, with some utilizing safe harbor regimes to avoid insolvent trading claims. Australia's safe harbor laws, introduced in 2017, have provided directors with breathing space to rescue distressed companies. Meanwhile, firms like Ares and Harbor Capital Advisors are adapting to changes in the private credit and private equity markets, with a focus on customized investing and strategic partnerships. ### Engagements: XXXXXX [#](/creator/twitter::1519523016119619585/interactions)  - X Week XXXXXXX -XX% - X Month XXXXXXXXX -XX% - X Months XXXXXXXXXX +39% - X Year XXXXXXXXXX +118% ### Mentions: XX [#](/creator/twitter::1519523016119619585/posts_active)  - X Week XXX -XX% - X Month XXX +22% - X Months XXXXX +86% - X Year XXXXX +120% ### Followers: XXXXXX [#](/creator/twitter::1519523016119619585/followers)  - X Week XXXXXX +0.30% - X Month XXXXXX +2.10% - X Months XXXXXX +24% - X Year XXXXXX +116% ### CreatorRank: XXXXXXX [#](/creator/twitter::1519523016119619585/influencer_rank)  ### Social Influence [#](/creator/twitter::1519523016119619585/influence) --- **Social category influence** [finance](/list/finance) #4409 [stocks](/list/stocks) XXXX% [vc firms](/list/vc-firms) XXXX% [countries](/list/countries) XXXX% [currencies](/list/currencies) XXXX% [travel destinations](/list/travel-destinations) XXXX% **Social topic influence** [debt](/topic/debt) 7.25%, [chapter 11](/topic/chapter-11) #7, [investment](/topic/investment) 4.35%, [files](/topic/files) 4.35%, [banking](/topic/banking) #44, [ipo](/topic/ipo) #120, [$56b](/topic/$56b) 2.17%, [private equity](/topic/private-equity) 2.17%, [finance](/topic/finance) 2.17%, [money](/topic/money) XXXX% **Top accounts mentioned or mentioned by** [@benmbiran](/creator/undefined) [@beehiiv](/creator/undefined) [@tieyournumbers](/creator/undefined) [@cowardnutlick](/creator/undefined) [@factsetmaniac](/creator/undefined) [@kemonomichinl](/creator/undefined) [@joinyellowbrick](/creator/undefined) [@tbu12345678](/creator/undefined) [@iamj0hn3](/creator/undefined) [@thejasonchan](/creator/undefined) [@jim16021](/creator/undefined) [@bankingslut](/creator/undefined) [@28nero7](/creator/undefined) [@spac3wrangl3r](/creator/undefined) [@texasoncologist](/creator/undefined) [@wagiecapital](/creator/undefined) [@grumpy_burner](/creator/undefined) [@amendandpretend](/creator/undefined) [@seniorstrategen](/creator/undefined) [@eventdriveneddy](/creator/undefined) **Top assets mentioned** [Phillips XX (PSX)](/topic/phillips-66) [Apollo Global Management, Inc. (APO)](/topic/$apo) [Ares Capital, Corp. (ARCC)](/topic/ares-capital-corp) ### Top Social Posts [#](/creator/twitter::1519523016119619585/posts) --- Top posts by engagements in the last XX hours "@FactSetManiac Have not followed recently but here is my summary"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1940147719172927626) 2025-07-01 20:37:17 UTC 38.3K followers, XXX engagements "Apollos $800bn Credit Revolution: How to Turn Cheap Liabilities into a Global Origination Machineand Why It Matters for Every Portfolio in the World Wall Streets usual private-equity tale ends with a splashy IPO. Apollo Global Management has written a different sequel It has turned itself into the worlds most sophisticated credit factory originating more than $250bn of debt every year and warehousing much of it on its own $330bn insurance balance sheet. John Zitoonce a credit hedge-fund trader now Apollos Co-Presidentrecently unpacked that evolution on the Invest like the Best podcast. 1)"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1931755404922392839) 2025-06-08 16:49:13 UTC 38.3K followers, 59.7K engagements "Awesome data on unicorn valuations Just one thing: public Saas trade for 7x Good luck growing into your multiples"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1944834999603404889) 2025-07-14 19:02:51 UTC 38.3K followers, 6907 engagements "Building in Public at 11pm - Day X - Delete fake referrals (do people think I am an idiot and they can get reward with the below emails) - Reply new subscribers - Work on writeup due Friday Let's do it Have a good Saturday night"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1944227862485344565) 2025-07-13 02:50:19 UTC 38.3K followers, 12.1K engagements "Rite Aid files for Chapter XX Sycamore buys Walgreens Walgreens new ad Rite Aid customers youre welcome here Hilarious"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1936872374822920606) 2025-06-22 19:42:14 UTC 38.3K followers, 3522 engagements "Tell me you dont understand ROIC without telling me you dont understand ROIC"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1945936050112606684) 2025-07-17 19:58:02 UTC 38.3K followers, 13.3K engagements "7) Capital Table Liquidity Options and the LongTerm View Thrive Capital and Greenoaks lead the cap table. Both firms are long-horizon investors holding positions for five to ten years and scaling follow-on capital behind the winners a discipline that pairs naturally with Skims front-loaded spend on R&D and store build-outs. Private markets still offer semiliquid tender programmes; early employees have already taken chips off the table without forcing an immediate IPO. Yet Grede views public listing as inevitable discipline. Transparent quarters pressure management to keep transforming on the"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1943122392756171102) 2025-07-10 01:37:34 UTC 38.3K followers, 2279 engagements "5) Bankruptcy & the Aftermath The court decided Cengage's EV increased from $2.9B to $3.6B a victory for those involved in negotiations. Cengage secured between $1.5B to $1.75B in new debt. Plus they got a $250M undrawn revolving credit facility for flexibility. In terms of paying creditors the deal was split. First-lien lenders would receive XXX% of the new equity in the reorganized company. Second-lien lenders and unsecured creditors would share $225M in cash or stock. XXXX% of this amount would go to second-lien creditors. The remaining amount would be split between senior notes and"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1945311046006395024) 2025-07-16 02:34:30 UTC 38.3K followers, 2670 engagements "1) A High-Stakes Bet on Education In 2007 Apax Partners with Ontario Municipal Employees Retirement System (OMERS) together bought Cengage Learning for $7.75B financing it with $5.6B in debt. At the time Cengage was a giant in the college publishing world. It was the second-largest in the U.S. selling both print and digital educational materials. The higher-ed publishing market was dominated by Pearson Cengage and McGraw-Hill. All of them controlled 70%+ of the industry. Apax saw a huge opportunity. Demand for educational materials was rising and the shift to digital learning promised future"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1945311039207432527) 2025-07-16 02:34:28 UTC 38.3K followers, XXX engagements "4) Apaxs Next Move: Turnaround & Buying the Debt By 2012 Cengage was in crisis mode. Apax knew something had to change. They brought in Michael Hansen as CEO with a clear plan: invest in digital cut print and restructure the debt. However a financial time bomb with $2.1B in debt due by 2014. Cengage wanted to file for bankruptcy. Through an agreement with lenders holding around $2B in first-lien debt Cengage hoped to reduce debt to $4B on its balance sheet. But there was a risk: Apaxs $1.8B investment could be wiped out. So they considered buying Cengages debt to control the bankruptcy"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1945311044223570225) 2025-07-16 02:34:29 UTC 38.3K followers, XXX engagements "What sequence of events gets you in this mood"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1944512354454065228) 2025-07-13 21:40:47 UTC 38.3K followers, 10.3K engagements "BLACKSTONE REAL ESTATE 1) Time horizon: XX years - XX funds 2) Capital: $70+ Billion Invested 3) Returns: XX% Net Get the Full Deck"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1873797744709820782) 2024-12-30 18:26:10 UTC 38.3K followers, 53.3K engagements "- Study for XX years - Make LBOs for X years - Give instructions to make LBOs and memos for XX years - Find companies to make LBOs and memos on for XX years - Free for 5-10 years - Die Its Private Equity and its a dream"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1944421745168990482) 2025-07-13 15:40:44 UTC 38.3K followers, 18.5K engagements "How it started: New Moelis CEO My daughter is in banking too lets make sure we improve our culture How its going: Fuck those intern man X hour surprise modeling test make them earn those return offers"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1945535287376904555) 2025-07-16 17:25:33 UTC 38.3K followers, 105.5K engagements "Working with a company that is looking for Restructuring / credit professionals Pay: $150/h If interested send me a DM and I will connect you"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1944572303347437758) 2025-07-14 01:39:00 UTC 38.3K followers, 6351 engagements "M&A back up Trading back up On-cycle pushed out Markets all time highes IPO backk Banks ruling the world"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1945934061454639379) 2025-07-17 19:50:08 UTC 38.3K followers, 12.1K engagements "3) Sunnova Files for Chapter XX We covered SunPower at length and this is a similar situation with the business suffering from regulatory changes (less tax credits and reduction in net energy metering) and of course higher rates used to finance solar panels renewable tax credits and incentives"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1944565974801289438) 2025-07-14 01:13:51 UTC 38.3K followers, XXX engagements "The Landlords Nightmare Tool: Inside the UKs CVA POST PREVIEW Before cross-class cramdowns took center stage in English law the Company Voluntary Arrangement (CVA) quietly became the weapon of choice for distressed UK retailers. Why Because it offered a fast court-light way to slash lease obligationsoften over the loud objections of landlords. In this week's Pari Passu we break down the rise (and fall) of the CVA a legal restructuring tool once heralded for its speed and simplicitythen increasingly criticized for fairness concerns vote swamping and lack of class protections. We take you"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1945651510622265496) 2025-07-17 01:07:23 UTC 38.3K followers, 14.1K engagements "3) The Fall: Market Disruption & Digital Lag Heavy debt. Changing industry. The cracks were forming. The 2008 financial crisis hit education budgets hard. Schools and libraries cut spending. This slashed Cengages revenue. Meanwhile digital learning took off. E-books online homework and assessments were growing. But these had lower margins than print. Unlike print books digital learning is subscription-based. They create recurring revenue but Cengage struggled to adapt. By 2011 things got worse. Print sales dropped XXXX% leading to a $27M loss. Cengage was falling behind. Pearson was leading."  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1945311042453520843) 2025-07-16 02:34:29 UTC 38.3K followers, XXX engagements "If you want to get out of banking need to read Pari Passu Newsletter - See Post preview for Friday"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1945651741996781577) 2025-07-17 01:08:18 UTC 38.3K followers, 11.6K engagements "PJT RX: we know you dont want to be a career banker come here and well help you get a phenomenal job after Goldman: we know you dont want to be a career banker but we are too dumb to admit it so well ask you every X months if you want to leave us I am sorry to hurt someones feelings but another datapoint the best undergrad students are definitely not joining Goldman or JPM"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1942978645229748517) 2025-07-09 16:06:22 UTC 38.3K followers, 17.3K engagements "A $7.1B Investment Huge Debt and Big Risks Apax Partners thought they had a winning bet with Cengage Learning. But after a series of missteps the investment turned into a high-stakes game of debt management and survival. While $1.8B in equity might be at risk Apax didnt walk away empty-handed. Heres how the deal played out: a mix of high rewards high risks and lessons on using leverage: 1) A High-Stakes Bet on Education 2) The Buyout Structure 3) The Fall: Market Disruption & Digital Lag 4) Apaxs Next Move: Turnaround & Buying the Debt 5) Bankruptcy & the Aftermath 6) Lessons"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1945311036560826471) 2025-07-16 02:34:27 UTC 38.3K followers, 13.7K engagements "Mom how did we get so rich Your dad never returned any capital to LPs and kept rolling capital in continuation vehicles while charging X% management fees"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1943420780571762855) 2025-07-10 21:23:15 UTC 38.3K followers, 120.1K engagements "On the other hand if you would love to do a X hour modeling test here is a great (free) webinar for breaking into investment banking"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1945686558385885570) 2025-07-17 03:26:39 UTC 38.3K followers, 2895 engagements "Saks Global Restructuring PUBLISHED ๐ฅ๐ฅ Today we are covering the exciting ongoing restructuring of luxury conglomerate Saks Global. Few sources online have given comprehensive coverage of the companys financial trajectory drivers of distress and new financing transactions. In our writeup we will be detailing the full timeline of Saks Globals creation to its downfall. From unpaid vendor invoices and collapsing bond prices to a priming uptier exchange backed by a group of majority bondholders we are going to clearly break down every part of Saks Globals ongoing restructuring. If youve been"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1942691923111583826) 2025-07-08 21:07:02 UTC 38.3K followers, 6611 engagements "This weekis when many of us lap one / two / three years at our jobs. Yes time really does pass quickly. It is always hard to ask ourselves the tough questions but you really should. How are you liking your role Is your health suffering Are you in touch with your family and friends What are you trying to maximize What are you doing this for Is this worth it I have very few answers to provide but I wanted to encourage a bit of self-reflection. It is very easy to get carried away by weeks and weeks of fake deadlines and time spent thinking about how we are spending our life is never wasted. Have"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1944906506316734713) 2025-07-14 23:47:00 UTC 38.3K followers, 4911 engagements "6) Lessons Even in "safe" industries too much debt can be deadly. Apax took on $5.6B in debt to finance the deal. But when the market shifted that debt became a major risk. Apax underestimated how quickly the market was moving to digital. By the time Cengage adapted it was too late to keep up with competitors like Pearson. Some deals dont pay off. Cengages EV increased during bankruptcy but it wasnt a win for everyone. First-lien creditors got XXX% of the new equity. Second-lien creditors recovered just XXXX% of their claims"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1945311047700643854) 2025-07-16 02:34:30 UTC 38.3K followers, 2513 engagements "U.S. CORPORATE DISTRESSED REPORT: JUNE 2025 The X Chapter XX developments you need to know ๐งต 1) At Home Files for Chapter XX 2) Marelli Automotive Lighting USA Files for Chapter XX 3) Sunnova Files for Chapter XX 4) American Tire Distributors Emerges from Bankruptcy 5) Azul SA Files for Chapter 11"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1944565857885229347) 2025-07-14 01:13:23 UTC 38.3K followers, 8163 engagements "2)The K1 Buyout & Platform Merger K1 Investment Management acquired Smarsh in January 2016 investing $215mm at a $358.3mm post-money valuation with support from Darshan Capital. The playbook was classic K1: back a proven founder instill repeatable operational systems and pursue accretive M&A. In November 2017 Smarsh announced it would combine with Actiance another company focused on communications compliance. The move was notable: combining two platform investments under the same sponsor is far from common as it introduces complexity in leadership integration and go-forward strategy. But the"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1943850808354730072) 2025-07-12 01:52:02 UTC 38.3K followers, 2052 engagements "Spent a lot of time discussing this with my friends I know I will get pushback for this but if by the end of your summer internship you cannot do an LBO in X hours you are behind Great summer analysts are expected to operate like full-time analysts at the end of the summer and an analyst should do an LBO in much less than X hours"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1946397931420155994) 2025-07-19 02:33:23 UTC 38.3K followers, 11.7K engagements "2) Marelli Automotive Lighting USA Files for Chapter XX Marelli did a Japanese restructuring in 2022 yet another case of failing to solve underlying issues and ending up in court"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1944565971387298209) 2025-07-14 01:13:50 UTC 38.3K followers, XXX engagements "Some very interesting data on private equity compensation from @Buyside_Hub 1)Comp really spikes in the first 5-7 years just by getting older but then its up to the person to prove its value and make money 2)Would be fascinating to see deferred comp (as the image above its all cash) - this is where things really matter and get interesting 3) This is painting a nice picture but on the site 75th percentile hours are XX hours which is more accurate based on my experience 4)Anyone with a $800k base job hiring me"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1942685082659008703) 2025-07-08 20:39:51 UTC 38.3K followers, 6550 engagements "3)From LBO to Acquisition Machine Post-merger Smarsh pivoted into M&A mode. With K1s backing and debt financing from Ares Management the company began acquiring adjacent technologies to become a full-suite compliance and risk platform. Key acquisitions include: Entreda (2020): End-to-end compliance and cybersecurity firm. Digital Safe (2022): Enterprise risk and archiving tool. TeleMessage (2024): Archiving platform for encrypted channels like Signal. CallCabinet (2025): Voice recording and quality management. Funding this spree required serious capital. Ares is reported to have supported"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1943850810779050230) 2025-07-12 01:52:02 UTC 38.3K followers, 1880 engagements "When the Principal gets a question about the model but he cannot point to the associate to answer and therefore has to explain the numbers"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1945236095202975815) 2025-07-15 21:36:40 UTC 38.3K followers, 3209 engagements "HR that goes deep to create personal relationships"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1946039805323690391) 2025-07-18 02:50:19 UTC 38.3K followers, 5849 engagements "No I promise HR Vice-President I received an offer for Apollo PE starting XX months but I didn't take it. I love it here so much. I went to sleep at 1:30am yesterday such an early night. Everyone is so nice and cares for me"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1943079602198298754) 2025-07-09 22:47:32 UTC 38.3K followers, 5160 engagements "3) Permanent Privates Gurley describes a new late-stage trend where companies are considering staying private permanently. He cites Josh Kushners Thrive Capital as pioneering this trend which approaches IPO-ready companies with offers too good to refuse persuading them to cancel their roadshows. The logic is that deep-pocketed investors prefer late-stage private rounds because they can secure a far larger slice of the company than in a traditional IPO. In an IPO the bank rations shares so even if a fund oversubscribes by 100x it might only get 1-2% of the offering whereas a private deal with"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1935838071225823497) 2025-06-19 23:12:16 UTC 38.3K followers, XXX engagements "8) Debt Financing Permira financed the acquisition with $XXXX billion in senior secured debt from Blackstone Credit & Insurance (BXCI) Blue Owl Capital and Ares Capital Corp. The loan was structured as a unitranche facility combining all debt into a single package. It included a $XXX billion term loan a $XXX million delayed-draw term loan and a $XXX million revolving credit facility. Pricing was set at SOFR + XXX bps with a 7-year maturity. The debt was covenant-light offering flexibility while reflecting high leverageover XX EBITDAsupported by Squarespaces strong subscription revenue high"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1941637561778147404) 2025-07-05 23:17:23 UTC 38.3K followers, 3525 engagements "4) American Tire Distributors Emerges from Bankruptcy has a writeup ready on this very interesting situation - I won't reveal too much but you should subscribe to read our deep dive on the transaction - very fascinating"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1944565977477501146) 2025-07-14 01:13:51 UTC 38.3K followers, 2713 engagements "People always talk about cost of housing in New York but education is just as bad if not worse Assuming two kids in private school you are looking at $400k of annual income just to put them through school Overall this results in $5mm of income just to reach high school graduation Make sure you do this math if you want to have a family in the city"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1944145995098370089) 2025-07-12 21:25:00 UTC 38.3K followers, 21.9K engagements "5) Azul SA Files for Chapter XX is about to publish a writeup about GOL I am not too familiar with Azul but in GOL's case the business was killed by Covid XX FX volatility (Brazilian Real depreciated a ton against the US dollar) and by the Boeing XXX MAX groundings"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1944565980652315039) 2025-07-14 01:13:52 UTC 38.3K followers, 2716 engagements "Great data from the @WSJ but it is clear no one on the editorial team has any attention to detail See below for how many formatting mistakes and inconsistencies there are on a single graph"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1944429537636282809) 2025-07-13 16:11:42 UTC 38.3K followers, 32.8K engagements "@mengxilu Understanding corporate finance"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1945937293950239049) 2025-07-17 20:02:59 UTC 38.3K followers, 1041 engagements "Navigating the Private Credit and Private Equity Landscape: Perspectives from David Golub In the most recent edition of "Private Market Talks" David Golub president of Golub Capital about the private credit and private equity markets. With over $XX billion in assets under management Golub Capital has established itself as a dominant player in the sector. In this podcast they discussed: 1) The Evolution of Private Credit and Private Equity Markets 2) Key Drivers of Golub Capital's Growth 3) Growth Strategies and Market Trends 4) Current Market Environment and Investment Strategies 5) Emerging"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1936770879393861803) 2025-06-22 12:58:55 UTC 38.3K followers, 10.3K engagements "6) Stores Loyalty Apps and the EightyTwenty Rule of Retail Postpandemic U.S. apparel has reverted to its 2019 ratio: eighty percent brickandmortar twenty percent ecommerce. Grede refuses to remain in the minority share. Flagships in Los Angeles and New York test immersive concepts diner popups with rootbeer floats sculptural fitting suites before rolling scaled but smaller boutiques across TierOne malls. Build-out costs run roughly $800$1000 per square foot expensive for apparel but in line with experiential chains like Lululemons concept stores and cover the in-store kiosks and back-end tech"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1943122390831017988) 2025-07-10 01:37:34 UTC 38.3K followers, XXX engagements "1) At Home Files for Chapter XX We all know of this beautiful failed LME - finally ended in court"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1944565861613785591) 2025-07-14 01:13:24 UTC 38.3K followers, XXX engagements "Interesting data some thoughts: 1) KKR / BX / TPG get a lot of attention and this is well deserved numbers back them up 2)Clearlake is holding up better than most people would expect (surprising how they are basically on par with Silverlake) 3)The hype around CD&R is real and well-deserved 4)Carlyle has truly fallen less than 1/3 of KKR's fundraising"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1942409262950494549) 2025-07-08 02:23:51 UTC 38.3K followers, 40K engagements "Struggle to answers how many golf balls fit in an airplane Or how many chickens are sold in the US every year Tomorrow morning there is an awesome free event covering market sizing - link below to register"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1945675954690433504) 2025-07-17 02:44:31 UTC 38.3K followers, 4326 engagements "Does anyone have templates/ guides to build @beehiiv websites Trying to figure it out but the XXX builder is rather complex and time consuming"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1943345281308758205) 2025-07-10 16:23:15 UTC 38.3K followers, 2145 engagements "2) The Buyout Structure Apax didnt just buy Cengage they leveraged it to the tits. The deal was fueled by $5.6B in debt but there was a problem. Investors werent convinced. High leverage. Modest free cash flow. Too much risk. To calm the fears Cengage downsized its bond sale and added covenants. They also agreed to cap senior secured debt at 8.25x EBITDA. Then Apax doubled down. Later in 2007 Cengage bought Houghton Mifflins college assets for $750M to expand its textbook business. How did they pay for it More debt. A $620M loan pushed Cengages total net debt to $6.2B"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1945311040884883493) 2025-07-16 02:34:28 UTC 38.3K followers, XXX engagements "AI is surging. Energy systems are breaking. For decades nuclear energy was ignored. It was deemed as too risky too slow and too expensive. But now tech companies are buying nuclear power. Engineers are building reactors the size of shipping containers. Policymakers are rethinking economics. Nuclear is quietly becoming a pillar of the future. 1) The rise the panic and the long freeze 2) The economics are brutal and havent budged 3) Small reactors are breaking the big-reactor mold 4) Microsoft and Amazon are already buying nuclear power 5) Public perception hasnt kept up with reality 6) The"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1939361302389928193) 2025-06-29 16:32:20 UTC 38.3K followers, 37.1K engagements "Pari Passu Newsletter - Deep Dive I just crossed 35k followers so its a good time to re-introduce myself - Heres my story ๐๐ (and entire growth timeline) I fell in love with restructuring my freshman year I read Moyer and was hooked - I knew this was what I was meant to do After graduation I started as a restructuring and special situations analyst at PJT / Houlihan / Evercore During my time there I would get tens if not hundreds of emails from students interested in chatting. After doing a few calls I realized I was wasting time and that I should share my passion for the field in a way"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1941924787573735676) 2025-07-06 18:18:43 UTC 38.3K followers, 44.4K engagements "Wall Streets consensus is that every great venture outcome must now wear a SaaS or AI badge. Jay Hoag disagrees. For XX years the cofounder of Technology Crossover Ventures (TCV) has wagered that growth itselfthe messy leap from first productmarket fit to durable public franchiseis the real scarce asset. From coldcalling dialups in 1994 to an AIdriven screen of XX mm private companies today Hoags team has funded category makers like Expedia Spotify and Netflix while skirting the minefields that sank dozens of hype cycles. In his latest interview Hoag maps the playbook that still guides TCV at"  [@Restructuring__](/creator/x/Restructuring__) on [X](/post/tweet/1938709722837778881) 2025-06-27 21:23:12 UTC 38.3K followers, 19.8K engagements
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Restructuring efforts are underway in various companies, with some utilizing safe harbor regimes to avoid insolvent trading claims. Australia's safe harbor laws, introduced in 2017, have provided directors with breathing space to rescue distressed companies. Meanwhile, firms like Ares and Harbor Capital Advisors are adapting to changes in the private credit and private equity markets, with a focus on customized investing and strategic partnerships.
Social category influence finance #4409 stocks XXXX% vc firms XXXX% countries XXXX% currencies XXXX% travel destinations XXXX%
Social topic influence debt 7.25%, chapter 11 #7, investment 4.35%, files 4.35%, banking #44, ipo #120, $56b 2.17%, private equity 2.17%, finance 2.17%, money XXXX%
Top accounts mentioned or mentioned by @benmbiran @beehiiv @tieyournumbers @cowardnutlick @factsetmaniac @kemonomichinl @joinyellowbrick @tbu12345678 @iamj0hn3 @thejasonchan @jim16021 @bankingslut @28nero7 @spac3wrangl3r @texasoncologist @wagiecapital @grumpy_burner @amendandpretend @seniorstrategen @eventdriveneddy
Top assets mentioned Phillips XX (PSX) Apollo Global Management, Inc. (APO) Ares Capital, Corp. (ARCC)
Top posts by engagements in the last XX hours
"@FactSetManiac Have not followed recently but here is my summary" @Restructuring__ on X 2025-07-01 20:37:17 UTC 38.3K followers, XXX engagements
"Apollos $800bn Credit Revolution: How to Turn Cheap Liabilities into a Global Origination Machineand Why It Matters for Every Portfolio in the World Wall Streets usual private-equity tale ends with a splashy IPO. Apollo Global Management has written a different sequel It has turned itself into the worlds most sophisticated credit factory originating more than $250bn of debt every year and warehousing much of it on its own $330bn insurance balance sheet. John Zitoonce a credit hedge-fund trader now Apollos Co-Presidentrecently unpacked that evolution on the Invest like the Best podcast. 1)" @Restructuring__ on X 2025-06-08 16:49:13 UTC 38.3K followers, 59.7K engagements
"Awesome data on unicorn valuations Just one thing: public Saas trade for 7x Good luck growing into your multiples" @Restructuring__ on X 2025-07-14 19:02:51 UTC 38.3K followers, 6907 engagements
"Building in Public at 11pm - Day X - Delete fake referrals (do people think I am an idiot and they can get reward with the below emails) - Reply new subscribers - Work on writeup due Friday Let's do it Have a good Saturday night" @Restructuring__ on X 2025-07-13 02:50:19 UTC 38.3K followers, 12.1K engagements
"Rite Aid files for Chapter XX Sycamore buys Walgreens Walgreens new ad Rite Aid customers youre welcome here Hilarious" @Restructuring__ on X 2025-06-22 19:42:14 UTC 38.3K followers, 3522 engagements
"Tell me you dont understand ROIC without telling me you dont understand ROIC" @Restructuring__ on X 2025-07-17 19:58:02 UTC 38.3K followers, 13.3K engagements
"7) Capital Table Liquidity Options and the LongTerm View Thrive Capital and Greenoaks lead the cap table. Both firms are long-horizon investors holding positions for five to ten years and scaling follow-on capital behind the winners a discipline that pairs naturally with Skims front-loaded spend on R&D and store build-outs. Private markets still offer semiliquid tender programmes; early employees have already taken chips off the table without forcing an immediate IPO. Yet Grede views public listing as inevitable discipline. Transparent quarters pressure management to keep transforming on the" @Restructuring__ on X 2025-07-10 01:37:34 UTC 38.3K followers, 2279 engagements
"5) Bankruptcy & the Aftermath The court decided Cengage's EV increased from $2.9B to $3.6B a victory for those involved in negotiations. Cengage secured between $1.5B to $1.75B in new debt. Plus they got a $250M undrawn revolving credit facility for flexibility. In terms of paying creditors the deal was split. First-lien lenders would receive XXX% of the new equity in the reorganized company. Second-lien lenders and unsecured creditors would share $225M in cash or stock. XXXX% of this amount would go to second-lien creditors. The remaining amount would be split between senior notes and" @Restructuring__ on X 2025-07-16 02:34:30 UTC 38.3K followers, 2670 engagements
"1) A High-Stakes Bet on Education In 2007 Apax Partners with Ontario Municipal Employees Retirement System (OMERS) together bought Cengage Learning for $7.75B financing it with $5.6B in debt. At the time Cengage was a giant in the college publishing world. It was the second-largest in the U.S. selling both print and digital educational materials. The higher-ed publishing market was dominated by Pearson Cengage and McGraw-Hill. All of them controlled 70%+ of the industry. Apax saw a huge opportunity. Demand for educational materials was rising and the shift to digital learning promised future" @Restructuring__ on X 2025-07-16 02:34:28 UTC 38.3K followers, XXX engagements
"4) Apaxs Next Move: Turnaround & Buying the Debt By 2012 Cengage was in crisis mode. Apax knew something had to change. They brought in Michael Hansen as CEO with a clear plan: invest in digital cut print and restructure the debt. However a financial time bomb with $2.1B in debt due by 2014. Cengage wanted to file for bankruptcy. Through an agreement with lenders holding around $2B in first-lien debt Cengage hoped to reduce debt to $4B on its balance sheet. But there was a risk: Apaxs $1.8B investment could be wiped out. So they considered buying Cengages debt to control the bankruptcy" @Restructuring__ on X 2025-07-16 02:34:29 UTC 38.3K followers, XXX engagements
"What sequence of events gets you in this mood" @Restructuring__ on X 2025-07-13 21:40:47 UTC 38.3K followers, 10.3K engagements
"BLACKSTONE REAL ESTATE 1) Time horizon: XX years - XX funds 2) Capital: $70+ Billion Invested 3) Returns: XX% Net Get the Full Deck" @Restructuring__ on X 2024-12-30 18:26:10 UTC 38.3K followers, 53.3K engagements
"- Study for XX years - Make LBOs for X years - Give instructions to make LBOs and memos for XX years - Find companies to make LBOs and memos on for XX years - Free for 5-10 years - Die Its Private Equity and its a dream" @Restructuring__ on X 2025-07-13 15:40:44 UTC 38.3K followers, 18.5K engagements
"How it started: New Moelis CEO My daughter is in banking too lets make sure we improve our culture How its going: Fuck those intern man X hour surprise modeling test make them earn those return offers" @Restructuring__ on X 2025-07-16 17:25:33 UTC 38.3K followers, 105.5K engagements
"Working with a company that is looking for Restructuring / credit professionals Pay: $150/h If interested send me a DM and I will connect you" @Restructuring__ on X 2025-07-14 01:39:00 UTC 38.3K followers, 6351 engagements
"M&A back up Trading back up On-cycle pushed out Markets all time highes IPO backk Banks ruling the world" @Restructuring__ on X 2025-07-17 19:50:08 UTC 38.3K followers, 12.1K engagements
"3) Sunnova Files for Chapter XX We covered SunPower at length and this is a similar situation with the business suffering from regulatory changes (less tax credits and reduction in net energy metering) and of course higher rates used to finance solar panels renewable tax credits and incentives" @Restructuring__ on X 2025-07-14 01:13:51 UTC 38.3K followers, XXX engagements
"The Landlords Nightmare Tool: Inside the UKs CVA POST PREVIEW Before cross-class cramdowns took center stage in English law the Company Voluntary Arrangement (CVA) quietly became the weapon of choice for distressed UK retailers. Why Because it offered a fast court-light way to slash lease obligationsoften over the loud objections of landlords. In this week's Pari Passu we break down the rise (and fall) of the CVA a legal restructuring tool once heralded for its speed and simplicitythen increasingly criticized for fairness concerns vote swamping and lack of class protections. We take you" @Restructuring__ on X 2025-07-17 01:07:23 UTC 38.3K followers, 14.1K engagements
"3) The Fall: Market Disruption & Digital Lag Heavy debt. Changing industry. The cracks were forming. The 2008 financial crisis hit education budgets hard. Schools and libraries cut spending. This slashed Cengages revenue. Meanwhile digital learning took off. E-books online homework and assessments were growing. But these had lower margins than print. Unlike print books digital learning is subscription-based. They create recurring revenue but Cengage struggled to adapt. By 2011 things got worse. Print sales dropped XXXX% leading to a $27M loss. Cengage was falling behind. Pearson was leading." @Restructuring__ on X 2025-07-16 02:34:29 UTC 38.3K followers, XXX engagements
"If you want to get out of banking need to read Pari Passu Newsletter - See Post preview for Friday" @Restructuring__ on X 2025-07-17 01:08:18 UTC 38.3K followers, 11.6K engagements
"PJT RX: we know you dont want to be a career banker come here and well help you get a phenomenal job after Goldman: we know you dont want to be a career banker but we are too dumb to admit it so well ask you every X months if you want to leave us I am sorry to hurt someones feelings but another datapoint the best undergrad students are definitely not joining Goldman or JPM" @Restructuring__ on X 2025-07-09 16:06:22 UTC 38.3K followers, 17.3K engagements
"A $7.1B Investment Huge Debt and Big Risks Apax Partners thought they had a winning bet with Cengage Learning. But after a series of missteps the investment turned into a high-stakes game of debt management and survival. While $1.8B in equity might be at risk Apax didnt walk away empty-handed. Heres how the deal played out: a mix of high rewards high risks and lessons on using leverage: 1) A High-Stakes Bet on Education 2) The Buyout Structure 3) The Fall: Market Disruption & Digital Lag 4) Apaxs Next Move: Turnaround & Buying the Debt 5) Bankruptcy & the Aftermath 6) Lessons" @Restructuring__ on X 2025-07-16 02:34:27 UTC 38.3K followers, 13.7K engagements
"Mom how did we get so rich Your dad never returned any capital to LPs and kept rolling capital in continuation vehicles while charging X% management fees" @Restructuring__ on X 2025-07-10 21:23:15 UTC 38.3K followers, 120.1K engagements
"On the other hand if you would love to do a X hour modeling test here is a great (free) webinar for breaking into investment banking" @Restructuring__ on X 2025-07-17 03:26:39 UTC 38.3K followers, 2895 engagements
"Saks Global Restructuring PUBLISHED ๐ฅ๐ฅ Today we are covering the exciting ongoing restructuring of luxury conglomerate Saks Global. Few sources online have given comprehensive coverage of the companys financial trajectory drivers of distress and new financing transactions. In our writeup we will be detailing the full timeline of Saks Globals creation to its downfall. From unpaid vendor invoices and collapsing bond prices to a priming uptier exchange backed by a group of majority bondholders we are going to clearly break down every part of Saks Globals ongoing restructuring. If youve been" @Restructuring__ on X 2025-07-08 21:07:02 UTC 38.3K followers, 6611 engagements
"This weekis when many of us lap one / two / three years at our jobs. Yes time really does pass quickly. It is always hard to ask ourselves the tough questions but you really should. How are you liking your role Is your health suffering Are you in touch with your family and friends What are you trying to maximize What are you doing this for Is this worth it I have very few answers to provide but I wanted to encourage a bit of self-reflection. It is very easy to get carried away by weeks and weeks of fake deadlines and time spent thinking about how we are spending our life is never wasted. Have" @Restructuring__ on X 2025-07-14 23:47:00 UTC 38.3K followers, 4911 engagements
"6) Lessons Even in "safe" industries too much debt can be deadly. Apax took on $5.6B in debt to finance the deal. But when the market shifted that debt became a major risk. Apax underestimated how quickly the market was moving to digital. By the time Cengage adapted it was too late to keep up with competitors like Pearson. Some deals dont pay off. Cengages EV increased during bankruptcy but it wasnt a win for everyone. First-lien creditors got XXX% of the new equity. Second-lien creditors recovered just XXXX% of their claims" @Restructuring__ on X 2025-07-16 02:34:30 UTC 38.3K followers, 2513 engagements
"U.S. CORPORATE DISTRESSED REPORT: JUNE 2025 The X Chapter XX developments you need to know ๐งต 1) At Home Files for Chapter XX 2) Marelli Automotive Lighting USA Files for Chapter XX 3) Sunnova Files for Chapter XX 4) American Tire Distributors Emerges from Bankruptcy 5) Azul SA Files for Chapter 11" @Restructuring__ on X 2025-07-14 01:13:23 UTC 38.3K followers, 8163 engagements
"2)The K1 Buyout & Platform Merger K1 Investment Management acquired Smarsh in January 2016 investing $215mm at a $358.3mm post-money valuation with support from Darshan Capital. The playbook was classic K1: back a proven founder instill repeatable operational systems and pursue accretive M&A. In November 2017 Smarsh announced it would combine with Actiance another company focused on communications compliance. The move was notable: combining two platform investments under the same sponsor is far from common as it introduces complexity in leadership integration and go-forward strategy. But the" @Restructuring__ on X 2025-07-12 01:52:02 UTC 38.3K followers, 2052 engagements
"Spent a lot of time discussing this with my friends I know I will get pushback for this but if by the end of your summer internship you cannot do an LBO in X hours you are behind Great summer analysts are expected to operate like full-time analysts at the end of the summer and an analyst should do an LBO in much less than X hours" @Restructuring__ on X 2025-07-19 02:33:23 UTC 38.3K followers, 11.7K engagements
"2) Marelli Automotive Lighting USA Files for Chapter XX Marelli did a Japanese restructuring in 2022 yet another case of failing to solve underlying issues and ending up in court" @Restructuring__ on X 2025-07-14 01:13:50 UTC 38.3K followers, XXX engagements
"Some very interesting data on private equity compensation from @Buyside_Hub 1)Comp really spikes in the first 5-7 years just by getting older but then its up to the person to prove its value and make money 2)Would be fascinating to see deferred comp (as the image above its all cash) - this is where things really matter and get interesting 3) This is painting a nice picture but on the site 75th percentile hours are XX hours which is more accurate based on my experience 4)Anyone with a $800k base job hiring me" @Restructuring__ on X 2025-07-08 20:39:51 UTC 38.3K followers, 6550 engagements
"3)From LBO to Acquisition Machine Post-merger Smarsh pivoted into M&A mode. With K1s backing and debt financing from Ares Management the company began acquiring adjacent technologies to become a full-suite compliance and risk platform. Key acquisitions include: Entreda (2020): End-to-end compliance and cybersecurity firm. Digital Safe (2022): Enterprise risk and archiving tool. TeleMessage (2024): Archiving platform for encrypted channels like Signal. CallCabinet (2025): Voice recording and quality management. Funding this spree required serious capital. Ares is reported to have supported" @Restructuring__ on X 2025-07-12 01:52:02 UTC 38.3K followers, 1880 engagements
"When the Principal gets a question about the model but he cannot point to the associate to answer and therefore has to explain the numbers" @Restructuring__ on X 2025-07-15 21:36:40 UTC 38.3K followers, 3209 engagements
"HR that goes deep to create personal relationships" @Restructuring__ on X 2025-07-18 02:50:19 UTC 38.3K followers, 5849 engagements
"No I promise HR Vice-President I received an offer for Apollo PE starting XX months but I didn't take it. I love it here so much. I went to sleep at 1:30am yesterday such an early night. Everyone is so nice and cares for me" @Restructuring__ on X 2025-07-09 22:47:32 UTC 38.3K followers, 5160 engagements
"3) Permanent Privates Gurley describes a new late-stage trend where companies are considering staying private permanently. He cites Josh Kushners Thrive Capital as pioneering this trend which approaches IPO-ready companies with offers too good to refuse persuading them to cancel their roadshows. The logic is that deep-pocketed investors prefer late-stage private rounds because they can secure a far larger slice of the company than in a traditional IPO. In an IPO the bank rations shares so even if a fund oversubscribes by 100x it might only get 1-2% of the offering whereas a private deal with" @Restructuring__ on X 2025-06-19 23:12:16 UTC 38.3K followers, XXX engagements
"8) Debt Financing Permira financed the acquisition with $XXXX billion in senior secured debt from Blackstone Credit & Insurance (BXCI) Blue Owl Capital and Ares Capital Corp. The loan was structured as a unitranche facility combining all debt into a single package. It included a $XXX billion term loan a $XXX million delayed-draw term loan and a $XXX million revolving credit facility. Pricing was set at SOFR + XXX bps with a 7-year maturity. The debt was covenant-light offering flexibility while reflecting high leverageover XX EBITDAsupported by Squarespaces strong subscription revenue high" @Restructuring__ on X 2025-07-05 23:17:23 UTC 38.3K followers, 3525 engagements
"4) American Tire Distributors Emerges from Bankruptcy has a writeup ready on this very interesting situation - I won't reveal too much but you should subscribe to read our deep dive on the transaction - very fascinating" @Restructuring__ on X 2025-07-14 01:13:51 UTC 38.3K followers, 2713 engagements
"People always talk about cost of housing in New York but education is just as bad if not worse Assuming two kids in private school you are looking at $400k of annual income just to put them through school Overall this results in $5mm of income just to reach high school graduation Make sure you do this math if you want to have a family in the city" @Restructuring__ on X 2025-07-12 21:25:00 UTC 38.3K followers, 21.9K engagements
"5) Azul SA Files for Chapter XX is about to publish a writeup about GOL I am not too familiar with Azul but in GOL's case the business was killed by Covid XX FX volatility (Brazilian Real depreciated a ton against the US dollar) and by the Boeing XXX MAX groundings" @Restructuring__ on X 2025-07-14 01:13:52 UTC 38.3K followers, 2716 engagements
"Great data from the @WSJ but it is clear no one on the editorial team has any attention to detail See below for how many formatting mistakes and inconsistencies there are on a single graph" @Restructuring__ on X 2025-07-13 16:11:42 UTC 38.3K followers, 32.8K engagements
"@mengxilu Understanding corporate finance" @Restructuring__ on X 2025-07-17 20:02:59 UTC 38.3K followers, 1041 engagements
"Navigating the Private Credit and Private Equity Landscape: Perspectives from David Golub In the most recent edition of "Private Market Talks" David Golub president of Golub Capital about the private credit and private equity markets. With over $XX billion in assets under management Golub Capital has established itself as a dominant player in the sector. In this podcast they discussed: 1) The Evolution of Private Credit and Private Equity Markets 2) Key Drivers of Golub Capital's Growth 3) Growth Strategies and Market Trends 4) Current Market Environment and Investment Strategies 5) Emerging" @Restructuring__ on X 2025-06-22 12:58:55 UTC 38.3K followers, 10.3K engagements
"6) Stores Loyalty Apps and the EightyTwenty Rule of Retail Postpandemic U.S. apparel has reverted to its 2019 ratio: eighty percent brickandmortar twenty percent ecommerce. Grede refuses to remain in the minority share. Flagships in Los Angeles and New York test immersive concepts diner popups with rootbeer floats sculptural fitting suites before rolling scaled but smaller boutiques across TierOne malls. Build-out costs run roughly $800$1000 per square foot expensive for apparel but in line with experiential chains like Lululemons concept stores and cover the in-store kiosks and back-end tech" @Restructuring__ on X 2025-07-10 01:37:34 UTC 38.3K followers, XXX engagements
"1) At Home Files for Chapter XX We all know of this beautiful failed LME - finally ended in court" @Restructuring__ on X 2025-07-14 01:13:24 UTC 38.3K followers, XXX engagements
"Interesting data some thoughts: 1) KKR / BX / TPG get a lot of attention and this is well deserved numbers back them up 2)Clearlake is holding up better than most people would expect (surprising how they are basically on par with Silverlake) 3)The hype around CD&R is real and well-deserved 4)Carlyle has truly fallen less than 1/3 of KKR's fundraising" @Restructuring__ on X 2025-07-08 02:23:51 UTC 38.3K followers, 40K engagements
"Struggle to answers how many golf balls fit in an airplane Or how many chickens are sold in the US every year Tomorrow morning there is an awesome free event covering market sizing - link below to register" @Restructuring__ on X 2025-07-17 02:44:31 UTC 38.3K followers, 4326 engagements
"Does anyone have templates/ guides to build @beehiiv websites Trying to figure it out but the XXX builder is rather complex and time consuming" @Restructuring__ on X 2025-07-10 16:23:15 UTC 38.3K followers, 2145 engagements
"2) The Buyout Structure Apax didnt just buy Cengage they leveraged it to the tits. The deal was fueled by $5.6B in debt but there was a problem. Investors werent convinced. High leverage. Modest free cash flow. Too much risk. To calm the fears Cengage downsized its bond sale and added covenants. They also agreed to cap senior secured debt at 8.25x EBITDA. Then Apax doubled down. Later in 2007 Cengage bought Houghton Mifflins college assets for $750M to expand its textbook business. How did they pay for it More debt. A $620M loan pushed Cengages total net debt to $6.2B" @Restructuring__ on X 2025-07-16 02:34:28 UTC 38.3K followers, XXX engagements
"AI is surging. Energy systems are breaking. For decades nuclear energy was ignored. It was deemed as too risky too slow and too expensive. But now tech companies are buying nuclear power. Engineers are building reactors the size of shipping containers. Policymakers are rethinking economics. Nuclear is quietly becoming a pillar of the future. 1) The rise the panic and the long freeze 2) The economics are brutal and havent budged 3) Small reactors are breaking the big-reactor mold 4) Microsoft and Amazon are already buying nuclear power 5) Public perception hasnt kept up with reality 6) The" @Restructuring__ on X 2025-06-29 16:32:20 UTC 38.3K followers, 37.1K engagements
"Pari Passu Newsletter - Deep Dive I just crossed 35k followers so its a good time to re-introduce myself - Heres my story ๐๐ (and entire growth timeline) I fell in love with restructuring my freshman year I read Moyer and was hooked - I knew this was what I was meant to do After graduation I started as a restructuring and special situations analyst at PJT / Houlihan / Evercore During my time there I would get tens if not hundreds of emails from students interested in chatting. After doing a few calls I realized I was wasting time and that I should share my passion for the field in a way" @Restructuring__ on X 2025-07-06 18:18:43 UTC 38.3K followers, 44.4K engagements
"Wall Streets consensus is that every great venture outcome must now wear a SaaS or AI badge. Jay Hoag disagrees. For XX years the cofounder of Technology Crossover Ventures (TCV) has wagered that growth itselfthe messy leap from first productmarket fit to durable public franchiseis the real scarce asset. From coldcalling dialups in 1994 to an AIdriven screen of XX mm private companies today Hoags team has funded category makers like Expedia Spotify and Netflix while skirting the minefields that sank dozens of hype cycles. In his latest interview Hoag maps the playbook that still guides TCV at" @Restructuring__ on X 2025-06-27 21:23:12 UTC 38.3K followers, 19.8K engagements
/creator/x::Restructuring__