Founded in 2005 by Max Holmes, Plainfield Asset Management was a prominent investment management firm based in Greenwich, Connecticut. The firm grew rapidly, managing several billion dollars in assets at its peak. It focused on credit-oriented strategies, including distressed corporate debt, bankruptcies, and other special situations. The firm faced severe liquidity challenges during the 2008 global financial crisis, leading to significant investor redemption requests it could not meet. Its main fund, the Plainfield Special Situations Master Fund, filed for Chapter 11 bankruptcy protection in 2010, and the firm ultimately wound down its operations.

Founded in

United States