Fitzgerald Advisors · Direct portfolio brokerage

Distressed Debt Investing: How NPL Buyers Evaluate Portfolios

At a glance: A distressed-debt buyer evaluates the price of expected uncertain cash flows, not just the discount to face value. The analysis must connect documentation…

Fitzgerald Advisors · Institutional Guide

Connect the acquisition thesis to evidence, a feasible recovery plan, and downside analysis.

By Fitzgerald Advisors editorial team · Updated September 27, 2026

Different assets require different capabilities. An unsecured account collection model is not a substitute for commercial restructuring expertise or collateral management. The buyer’s mandate should identify products, jurisdictions, concentration limits, operating partners, and unacceptable risks.

Discuss a portfolio mandate · Sell debt portfolios · Buy debt portfolios