Solus Hires Deutsche Bank Distressed Products Heads

Feb 15 2012 | 9:08am ET

New York-based Solus Alternative Asset Management has added former Deutsche Bank distressed products co-heads Scott Martin and C.J. Lanktree to its investment team.

The two will join Solus on March 1, reporting to president and CIO Christopher Pucillo.

Martin and Lanktree oversaw a multi-billion dollar portfolio at DB, playing a role in complex restructurings and reorganizations such as those of Lehman Brothers, Enron, Visteon and Refco.

Martin joined Deutsche Bank as a distressed investment analyst in 1995, becoming co-head of the distressed products group in 2009.  

Lanktree began his career at Salomon Smith Barney as an investment banking analyst in its telecom and media group in 2001. He joined Deutsche Bank in 2003, becoming co-head of distressed products, along with Martin, in 2009. 

“Our investment team has worked with Scott and C.J. on numerous distressed investment transactions over the years. With their deep experience and understanding of complex restructurings, they will be a tremendous asset to Solus,” said Pucillo. “We are excited they are joining us as we continue to enhance and build out our platform of investment strategies.”

Solus Alternative Asset Management, with $2.5 billion AUM, was founded in June of 2007 when the hedge fund strategies group of Stanfield Capital Partners separated to form an independent firm under Pucillo’s continued leadership.

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