Argo Partners

**Company Overview:** Argo Partners is an investment firm that specializes in purchasing potential future cash flows of distressed, often bankrupt, entities. Typical investments include trade receivables and bank loans to bankrupt companies, known as distressed paper. They engage in a diverse range of sectors, including retail, oil and gas, transportation, financial services, healthcare, technology, and real estate. **Goals and Philosophy:** Founded in 1992 by Michael Singer, Argo Partners aims to provide liquidity for creditors against reorganizing and liquidating debtors. They focus on purchasing unsecured claims of trade creditors in the U.S. and are involved in various forms of distressed debt, including claims from insurance liquidations and insolvencies in Canada and the UK. Their objective includes aiding creditors in treating distressed situations effectively through proactive investment strategies. **Investment Thesis:** Argo Partners' investment strategy revolves around acquiring claims from bankruptcy cases, including Chapter 11 and Chapter 7, Canadian and UK insolvencies, and providing litigation funding in commercial contexts. They emphasize the importance of providing liquidity and enhancing recovery for creditors dealing with distressed entities. Their extensive experience and specialized expertise allow for effective investment in illiquid assets.