Saul Goldstein quoted in article on De-Stressing Debt by Sarah Krouse of the Wall Street Journal:


“As a young firm pursuing opportunistic deals, it is difficult to convince investors to trust the firm with the first fund, but the second round of fundraising was easier. Distressed deals are inherently a gamble… We used to joke that it’s [deal making] like sausage-making—you’re happy with the end result and it tastes good, but you really don’t want to know what goes into it.”