Mudrick Capital Management is an investment firm specializing in distressed credit and event driven investing. The firm was founded by Jason Mudrick, its current President and Chief Investment Officer, in 2009. The firm is located in New York City and, as of 2018, manages approximately $2.2 billion in assets.Mudrick Capital typically seeks an event, such as a balance sheet restructuring, a spin-off of assets or the modification of a corporate strategy, that can allow it to capture an undervaluation spread.