Marc Heimowitz, JD, CFA

Marc Heimowitz, JD, CFA

Founder and Managing Member
Coda Advisory Group LLC

Coda Advisory Group is an independent advisory firm that specializes in providing advice to and advocating for parties-in-interest involved in restructurings and special situations, and which can act as an unconflicted professional fiduciary for litigation and liquidation trusts. As advisor, Coda focuses on complex restructurings, negotiations and market transactions, approaching engagements from the perspective of a distressed investing and capital markets expert. As trustee, Coda provides creative, cost-effective approaches and solutions that are well-communicated and which maximize defined value for the beneficiaries of the trust.

Prior to founding Coda, Marc was a portfolio manager for Claren Road Asset Management, a long-short credit hedge fund owned by The Carlyle Group. Prior to Claren Road, Marc was a Managing Director, Head of Credit Special Situations, and Co-Head of the Distressed Trading Desk for Citigroup Global Capital Markets.

Marc has 23 years of buy-side and sell-side experience managing and analyzing investments related to companies in stress or reorganization, including bankruptcy reorganizations and liquidations, out-of-court restructurings, rescue financings and distressed acquisitions. He has steered multiple creditor committees and actively advanced or opposed the interests of restructuring constituencies, on behalf of institutional investors, debtors, bank groups, security holders, broker-dealers and underwriters. He also acts as an independent director for companies in distress, restructuring and bankruptcy.

Marc received his B.S.B.A. in finance with High Honors from the University of Florida, holds a J.D. from Columbia University, and practiced law in New York and Florida. He is a CFA Charterholder, an advisory board member of the American Bankruptcy Institute, a founding advisory board member of the University of Pennsylvania Institute for Restructuring Studies, and regularly publishes and lectures on U.S. and transnational insolvency matters.