Damsel in Distressed

Damsel in Distressed


Unabridged

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“A funny account of the inner workings of the hedge fund industry from a unique female voice, helpful to both asset management practitioners and aspiring investment professionals.”

Simon Lack, author of The Hedge Fund Mirage


The hedge fund industry is a boys’ club, with hardly any female success stories to turn to. Damsel in Distressed is one of those rare, humorous, and inspiring stories.

In 1998, Dominique Mielle joined Canyon Partners—a small, little-known hedge fund. The job was trading distressed securities and high yield bonds, known back then, respectively, as vulture investing and junk bonds.

Over the span of two decades, she rose to the top of the firm as the only female partner and senior portfolio manager—in what became one of the largest hedge funds in the US. Damsel in Distressed explores the inner workings of hedge funds while exposing what it takes to succeed as a woman investor.

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