Debtwire’s 4Q18 and 2018 APAC ex-Japan distressed loan trading summary reported that Cantor Fitzgerald was ranked #1 in the number of distressed loan trades in Asia. In addition, Cantor was ranked #2 in terms of trade volume. All of Cantor’s trades were in the Indian distressed space, which accounted for 90% of Asian distressed loan volume in 2018.
“This is a great result for our Indian distressed debt business in its first year of operation, and reflects the commitment and competitive advantage of Cantor in this space”, commented Rousseau Anai who heads Cantor’s business in Asia.
Vaibhav Chadha who leads the Distressed and Special Situations business in Asia also commented, “Cantor has India-specific expertise across trading and investment banking, in addition to Anshu [Jain]’s leadership and relationships across corporate India. Our global hedge fund clients have benefited from access to our unique platform. 2019 will be a hectic year, especially in the Indian mid-cap space, and I’m confident our business will continue to be a market leader in sourcing these opportunities for our clients.”