CRX is a student-run organization that strives to provide credit and restructuring content and knowledge to all interested.
What
We
Cover
Financial Restructuring
Financial restructuring is the process of reorganizing a company's capital structure during times of financial distress to reduce its debt obligations and improve liquidity moving forward. This often involves negotiating new terms with creditors, converting debt to equity, or refinancing existing loans to better align with the company’s ability to pay. Restructuring professionals can advise debtors or creditors to distressed businesses, whether out-of-court or in bankruptcy.
Private Credit
Private credit describes the process by which credit investment firms lend to corporate borrowers without the use of an institutional bank as an intermediary. Companies turn to private credit, as opposed to the broadly syndicated loan market, for its greater efficiency, certainty of execution, and bespoke nature. Debtors are willing to pay a premium for these benefits, plus they are more likely to know exactly who is holding their debt.
How
We
Do It
Education
With an eye to preparing UVA students for careers in credit and restructuring, CRX hosts weekly meetings to teach the fundamentals underlying these roles. Meetings cover topics including valuation, credit markets, capital structure, restructuring case studies, and more. Whether it be providing students with learning resources, advising them through recruiting, or answering questions during general body meetings, CRX stays ahead of the curve.
Networking
We understand the importance of learning straight from the source. CRX hosts information sessions, networking events, and guest lectures with some of the best firms and brightest individuals in the industry.
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As market conditions sustain the supply of credit and companies increasingly look to private markets, it is no surprise that both private credit and restructuring are growing industries. Firms are turning more readily to undergraduate talent to drive this growth, and CRX strives to place UVA students in the forefront.
Mentorship
Our most valuable resource is our people. Having successfully gone through the recruiting process, 3rd and 4th years in the club are knowledgeable about the nuances of credit and restructuring. They are more than willing to guide younger members through the recruiting process by providing preparation materials, conducting mock interviews, and simply sharing what they know. Mentoring underclassmen is what CRX was founded on.
Historic Placement
The
Team
Devin Rappe
​Devin is a 4th year from Duxbury, MA studying Economics in the College of Arts and Sciences. This past summer he interned at Rothschild & Co. as an Investment Banking Summer Analyst in their generalist program, and he will be working for Evercore as an Investment Banking Analyst in the Restructuring Group following his graduation. Outside of class, Devin is also a member of MII, Gamma Iota Sigma, and the Club Pickleball team.
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Ethan Schwimmer
Ethan is a 4th year in the McIntire School of Commerce from Los Angeles, California. He is concentrating in Finance and completing a second major in Computer Science. In his free time, he enjoys playing golf and running. Ethan will be joining Houlihan Lokey's Financial Restructuring Group as an analyst after graduating from UVA.
Harrison McCollum
Harrison is a 4th year from Knoxville, TN studying Finance at the McIntire School of Commerce. Last summer he worked as a Summer Analyst at Houlihan Lokey in the Restructuring Group, where he will be returning following graduation. In his free time, Harrison enjoys weight lifting, snowboarding, and golfing.
Arjun Jagannathan
Arjun is a 3rd year studying Finance at the McIntire School of Commerce, as well as Applied Statistics. This summer, he will be interning in Blackstone's Private Credit Group. In his free time, Arjun enjoys exploring new restaurants, playing poker, and reading.
Alex Ofsie
Alex is a 3rd year studying Finance at the McIntire School of Commerce. This summer, she will be interning at Houlihan Lokey in their Financial Restructuring Group. During her free time, Alex enjoys playing soccer, going on hikes, cooking, and trying new restaurants.
Malcolm Brickhouse
Malcolm is a 4th year from Charlottesville, majoring in Economics with a minor in History. This past Summer, he was a Summer Analyst at MGG Investment Group, a private credit/special situations investment firm in New York City, where he will be returning as a Full-time Analyst after graduation. Outside of CRX, Malcolm is a member of the McIntire Investment Group (MII), the Club Soccer Team, and Chi Phi. In his free time, he enjoys watching soccer, listening to country music, and playing intramural basketball.
Zach Marshall
Zach is a 3rd year in McIntire concentrating in Finance and pursuing a double major in Economics. He is from northern Virginia and has been involved in MII since his first semester at UVA. During his first two summers of college, Zach worked as a Financial Restructuring Analyst at Asgaard Capital, a middle-market restructuring advisory bank in D.C. This summer, Zach will be interning in the Financial Restructuring Group at Houlihan Lokey in New York City.
On a more personal level, Zach enjoys playing sports, especially lacrosse and golf, and watching Quentin Tarantino movies.
Gabriel Rayev
Gabe is a 4th year from Boston, Massachusetts concentrating in Finance and Accounting at the McIntire School of Commerce. This past summer, he interned at Raymond James as in their Financial Services Group, and he will be working for JP Morgan as an Investment Banking Analyst in their Equity Capital Markets Group following his graduation. In his free time, Gabe enjoys cooking, playing and watching hockey, and reading.
Max Rudikoff
Max is a 3rd year concentrating in Finance and Accounting at the McIntire School of Commerce. This summer, Max will be interning at Houlihan Lokey in their Financial Restructuring Group. In his free time, he enjoys watching Man United, playing poker, and exploring new restaurants.
