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  1. Anchorage Capital Group (or simply Anchorage) is an American investment management firm based in New York City. The firm is known as one of the world's most prominent vulture funds, funds that invest in distressed securities. [2] [3] [4] [5] [6] Background. Anchorage was founded in 2003 by Kevin Ulrich and Tony Davis.

  2. Nov 10, 2020 · A New York woman claimed Ulrich assaulted her in his hotel room in 2019, but later withdrew her lawsuit without prejudice. Ulrich is also the CEO of hedge fund Anchorage, which holds a large stake in MGM.

  3. May 27, 2021 · Kevin Ulrich Scored a $2 Billion MGM Win. It Only Took a Decade. Distressed debt investor came on board with 2010 bankruptcy; Ulrich embraced Hollywood parties, reality TV business

    • 4 min
  4. Dec 15, 2021 · Kevin Ulrich ’s two-decade run at the top of Anchorage Capital Group is over. The co-founder of what was once among the world’s biggest distressed-debt hedge funds said he’s closing the...

  5. Dec 15, 2021 · Matt Wirz. Updated Dec. 15, 2021 1:11 pm ET. Share. Resize. Listen. (2 min) Kevin Ulrich, Anchorage Capital Group’s founder and CEO, said he would move to the role of chairman at the firm....

  6. Kevin Ulrich co-founded Anchorage, a leading alternative credit and distressed investment manager, in 2003. He is also the Chairman of the Board of J. Crew Group Inc. and was the former Chairman of MGM Holdings, Inc.

  7. Anchorage is the investment manager for the ACP Funds and AIO Funds (collectively, the “Legacy Funds”) and is led by Chairman and Co-Founder Kevin Ulrich, who is also the portfolio manager for the Legacy Funds.