Michael Richards
About Michael Richards
Michael Richards is the Senior Vice President of Distressed Debt Trading & Sourcing at Jefferies & Company, specializing in litigation funding opportunities and managing esoteric investment portfolios.
Company
Michael Richards currently holds the position of Senior Vice President - Distressed Debt Trading & Sourcing at Jefferies & Company. He has been with the company since 2009, working out of their New York, NY office.
Previous Experience
Before joining Jefferies & Company, Michael Richards worked for Global Credit Services as a Credit Analyst from 2008 to 2009. Prior to that role, he spent four years as a Sourcer - Trade Claims at Liquidity Solutions Inc, located in Hackensack, NJ, from 2004 to 2008.
Education and Expertise
Michael Richards earned a Bachelor's degree from Rutgers, The State University of New Jersey-New Brunswick, studying from 2000 to 2004. His expertise lies in sourcing and underwriting litigation funding opportunities in commercial and bankruptcy litigation. He is also responsible for creating and updating financial models for senior management review.
Distressed Debt Trading and Sourcing
At Jefferies & Company, Michael Richards manages and trades a portfolio of esoteric investments. He performs due diligence on prospective investments and ensures compliance with Know Your Client (KYC) and Anti-Money Laundering (AML) requirements. Additionally, he negotiates transactions with corporate management, covering all trade terms and trading documents.