9fin announced Monday that Max Frumes has joined the company to oversee global coverage of distressed debt and restructuring.
Frumes co-authored one of the definitive books on distressed debt — “The Caesars Palace Coup.” He joins from LevFin Insights, where he ran the special situations news team globally. Before that, he was instrumental in setting up the distressed debt editorial operation at Reorg.
“I couldn’t think of a better platform than 9fin on which to be growing another leading news team in distressed and restructuring,” said Frumes in a statement. “I have been greatly impressed by their dedication to developing the best technology and putting it in the hands of world-class journalists, lawyers and analysts to produce cutting edge content for the fixed income world.”
He is based in New York, alongside recent editorial hires Rachel Butt and Max Reyes, both formerly of Bloomberg News. The team plans to expand in the coming months. For more information on open roles, see here.
As well as expanding 9fin’s coverage of U.S. distressed news, Frumes will oversee the company’s existing European distressed team.