# Altman-Paulson Initiative

![NYC Bank Facade](/sites/default/files/styles/866w/public/2024-02/AdobeStock_302977414.jpeg?h=9dd951d5&itok=hFxGOKvV)

##  The Altman-Paulson Initiative on Credit & Distressed Opportunities

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##  Our Mission

The Altman-Paulson Initiative has been established to provide leading educational and professional opportunities through tailored programming and events, and support academic research in this important area of finance.

The Co-Directors of this initiative are Matthew Richardson and Dan Kamensky. [Learn more here](https://www.stern.nyu.edu/experience-stern/about/departments-centers-initiatives/altman-paulson-initiative/people).

##  What We Do

![Wall street skyline view](/sites/default/files/styles/480w_x_543h/public/2024-02/AdobeStock_125209605.jpeg?h=3ac58535&itok=rZkc_a59)

###  Workshops

Our workshops will provide participants with an in-depth and timely understanding of the corporate restructuring process from leading NYU academics and industry experts.

[Learn More](https://www.stern.nyu.edu/experience-stern/about/departments-centers-initiatives/altman-paulson-initiative/events/workshops)

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![Stern KMC](/sites/default/files/styles/480w_x_543h/public/2024-02/16-0950_1272_0.jpg?h=f2fcf546&itok=g_LcMnpR)

###  Education

Stern faculty are offering a range of classes on topics related to Credit, Bankruptcy, Restructuring & Financial Distress across our Executive Education and PhD curricula.

[Learn More](https://www.stern.nyu.edu/experience-stern/about/departments-centers-initiatives/altman-paulson-initiative/teaching)

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![Stern Tisch w/ people in foreground](/sites/default/files/styles/480w_x_543h/public/2024-02/tisch%20lobby__1_0.jpg?h=265e640d&itok=wTzv7QKe)

###  Events

We host academic researchers at Stern, hold Speaker Series meetings, and support faculty in expanding course offerings in the Corporate and Distressed Opportunities fields.

[Learn More](https://www.stern.nyu.edu/experience-stern/about/departments-centers-initiatives/altman-paulson-initiative/events)

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[      ![Library](/sites/default/files/styles/480w_x_543h/public/2025-01/adobestock_209618385.jpeg?h=da8b6746&itok=xe8OTYRO)

](https://www.stern.nyu.edu/experience-stern/about/departments-centers-initiatives/altman-paulson-initiative/scholars-program)

###  Scholars Program

The Initiative has established a Scholars Program for the most highly-qualified candidates interested in this field to participate in a mentorship program, networking events and internship programs.

[Learn More](https://www.stern.nyu.edu/experience-stern/about/departments-centers-initiatives/altman-paulson-initiative/scholars-program)

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[Join our mailing list!](https://forms.gle/bTMPXSuxVqGLCJXA9)

![Altman](/sites/default/files/styles/480w_x_361h/public/2024-03/altman%20%281%29.png?h=eb7eb065&itok=vvX1Af8N)

##  Ed Altman

Edward I. Altman is the Max L. Heine Professor of Finance, Emeritus at the Stern School of Business, New York University. Prior to serving in his present position, Professor Altman chaired the Stern School's MBA Program for 12 years. Dr. Altman has an international reputation as an expert on corporate bankruptcy, high yield bonds, distressed debt and credit risk analysis.

[Learn More](https://www.stern.nyu.edu/faculty/bio/edward-altman)

![John Paulson](/sites/default/files/styles/480w_x_361h/public/2024-02/paulson%20%281%29%20%281%29_0.jpeg?h=60c6f9ec&itok=hdBcZYo1)

##  John Paulson (BS '78)

John Paulson is the president and portfolio manager of Paulson & Co. Inc., a private investment company specializing in bankruptcy reorganizations, distressed, real estate, private equity, and event arbitrage. He previously served on the boards of New York University, NYU Stern, Harvard Business School, amongst others.

[Learn More](https://www.stern.nyu.edu/experience-stern/board-leadership/stern-executive-board)