9fin hires Frumes to lead coverage of distressed debt and restructuring

Max Frumes

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.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.