Why Newport Global Advisors

Our strategy is opportunistic and flexible, allowing us to take advantage of sector driven dislocations and idiosyncratic situations. We build investment portfolios with a focus on companies with leveraged balance sheets experiencing some levels of stress causing markdowns in the value of its debt obligations. Our investment style is based on fundamental company and industry analysis concentrating on business model execution, asset coverage and cash flow generation, with an emphasis on preservation of our invested capital. 

Newport Global Advisors manages various investment vehicles, including a special situations private equity fund, a distressed credit hedge fund and separately managed accounts. We are an SEC Registered Investment Advisor.


Our special situations strategy seeks to control target companies by purchasing distressed debt at attractive valuations and restructuring balance sheets through debt for equity exchanges.

We target small and mid-cap companies with clearly identified challenges, which we resolve either through balance sheet restructurings or through operational changes. When identifying target investments, we engage in a rigorous analysis of a target company’s operational, financial, and liquidity risks, and determine whether resolving the identified challenges is likely to achieve an attractive future valuation. We also implement identifiable financial and operating improvements after we take control to increase a company’s valuation. Through active board of director level involvement, we shepherd each control investment to improve operational efficiencies and increase profitability to increase enterprise value. Once accomplished, we utilized a typical array of private equity exit strategies to provide liquidity to our investors.


Our hedge fund structure seeks to achieve a high level of current income and capital appreciation by pursuing opportunities from current and future market dislocations.

We invest in debt securities of distressed companies as well as reorganized equities. Our diversified portfolios typically consist of 20-30 investments. We focus on discounted leveraged loans, high yield securities, mezzanine debt, convertible debt securities and post reorganized equities of small and mid-cap companies. We do not utilize portfolio level leverage to enhance returns in the portfolio.


Investment Philosophy

Newport Global Advisors’ strategy is opportunistic and flexible allowing us to take advantage of sector driven dislocations and idiosyncratic situations. Our restructuring and portfolio management experience coupled with our rigorous market and company analysis enable us to source attractive investments and identify paths to meaningful value appreciation post-acquisition.

We primarily invest in companies with enterprise values between $50 – $750 million. We believe this segment of the market is less competitive than in the larger enterprise value segment, especially when companies experience stress. We also find that smaller companies tend to have fewer options available to them and more trouble navigating difficult capital structure or operating situations, often creating attractive investment opportunities for our experienced team.

While identifying target investments, we engage in a rigorous analysis of a company’s operational, financial and liquidity risks, along with any identifiable challenges. We invest in companies with long-term attractive value based on comparisons to competitors and historic valuations.

We invest in debt securities of distressed companies as well as reorganized equities. Our diversified portfolios typically consist of 20-30 investments. We focus on discounted leveraged loans, high yield securities, mezzanine debt, convertible debt securities and post reorganized equities of small and mid-cap companies. We do not utilize portfolio level leverage to enhance returns in the portfolio.

Experienced and Cohesive Team

The Newport Global Advisors team has extensive expertise in leveraged capital markets, including experience in balance sheet restructurings and bankruptcy reorganizations. Our Principals each have decades of experience investing in leveraged loans, high yield bonds and the alternative asset markets through numerous market cycles.

Team