W.L. Ross & Co

What W.L. Ross & Co does

W.L. Ross & Co is a privately held, New York-based boutique investment firm founded in 2000 by Wilbur Ross, specializing in acquiring and restructuring financially distressed companies with the stated objective of creating world-class enterprises. The firm employs 1-10 people and operates a high-conviction, control-investment model targeting troubled industrial, textile, transportation, and chemicals-distribution businesses, as evidenced by its three principal platform acquisitions: Burlington Industries (2003), WestPoint Stevens (2005), and Nexeo Solutions (2016).

The firm's core operating capability is sector-specialized distressed-debt and operational-restructuring expertise, delivered through a small partner-and-principal team that includes a senior director, managing director, and dedicated practice heads (e.g., Shipping and Transportation). Its value proposition rests on a proprietary restructuring playbook and relationships with bankruptcy stakeholders that source proprietary deal flow — the firm does not describe a productized technology stack, an app, an API, or an AI-driven investment process in available materials.

Commercially, W.L. Ross & Co functions as a classic turnaround private-equity firm: revenue derives from a combination of management fees on committed capital, incentive carry on realized exits, and operating-company management fees from portfolio holdings. The firm serves a narrow institutional LP base and operates without publicly disclosed pricing, AUM, fund vintage data, or revenue. Its scale is consistent with a founder-led, single-platform or dual-platform fund manager rather than a scaled multi-strategy alternative asset manager.

Name

W.L. Ross & Co

Legal name

Invesco Ltd.

Website

https://wlross.com

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

W.L. Ross & Co is a New York-based private investment firm founded in 2000 by Wilbur Ross, specializing in acquiring and restructuring financially distressed companies into world-class enterprises. It operates as a lean, partner-led turnaround investor with platform deals in textiles and chemicals distribution.

Ownership category

akta.pro rank

Product category

Private Equity / Distressed Investing

NAICS

Miscellaneous Intermediation (523910), Finance and Insurance (52), Administrative Management and General Management Consulting Services (541611)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Distressed Debt & Restructuring (FSAHACAB)

akta.pro secondary industries

Distressed & Restructuring Credit (FSAHAGAB), Distressed M&A & Special Situations Advisory (BPAHADAN), Restructuring & Turnaround Advisory (BPAHADAD)

Keywords

• Distressed asset investing
• Private equity restructuring
• Special situations investing
• Turnaround capital investments
• Corporate restructuring advisory

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Asset Management Fees: Invesco generates revenue through asset management fees charged to institutional clients for managing investment portfolios across various asset classes including equities, fixed income, alternatives, and money market strategies. Fees are typically based on assets under management (AUM).

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

WL Ross & Co. LLC invests in and restructures financially distressed companies with the objective of creating new, world-class enterprises. The firm acquires controlling or significant stakes in underperforming industrial businesses and applies operational and financial restructuring to reposition them, as evidenced by historical acquisitions of Burlington Industries, WestPoint Stevens, and Nexeo Solutions.

Product overview

Source data contains information about Invesco, an independent investment management company, not W.L. Ross & Co. No product or service information for W.L. Ross & Co is present in the provided source content.

Differentiator

Problem solved

Functional benefit

Products and services

• Shipping and Transportation Practice W.L. Ross & Co's dedicated practice area for sourcing, acquiring, and restructuring distressed companies in the shipping and transportation sector. Headed by Hal Malone as Head of Shipping and Transportation Practice.
• Distressed Industrial Restructuring Engagements Control-stake acquisitions and operational/financial restructurings of financially distressed industrial companies, with the stated objective of creating new, world-class enterprises. Historical engagements include Burlington Industries (acquired 2003-08-01), WestPoint Stevens (acquired 2005-03-02), and Nexeo Solutions (acquired 2016-03-20).

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• The Carlyle Group: Large global PE firm with credit and special-situations capabilities that overlap with WL Ross's restructuring focus, particularly in industrial and consumer-adjacent bankruptcies.
• Bain Capital Credit: Alternative-credit platform of Bain Capital with meaningful distressed and special-situations activity, competing for institutional mandates in the same strategy category.
• KKR (Special Situations / Credit): Global alternative manager with dedicated special-situations and credit funds that compete for distressed and restructuring opportunities, though as part of a much wider platform.
• Blackstone (Credit / Special Situations): Largest global alternative manager with a substantial special-situations and distressed-credit platform. Overlaps with WL Ross in restructuring mandates but operates at much greater scale and breadth.

Direct peers

• Centerbridge Partners: Multi-strategy alternative manager with significant distressed credit and special-situations exposure, often competing in mid-cap bankruptcy and restructuring situations similar to WL Ross's deal profile.
• Oaktree Capital Management: Largest dedicated distressed-debt and special-situations manager globally. Closest peer to W.L. Ross & Co by strategy (event-driven, distressed credit, restructuring) and LP base.
• Apollo Global Management: Major alternative-asset manager with deep distressed, value, and special-situations franchises. Competes for the same restructuring mandates and distressed debt capital.
• Marathon Asset Management: Alternative credit and special-situations manager with a meaningful distressed-credit franchise, frequently sourcing in the same lower-middle-market restructuring segment WL Ross targets.
• Cerberus Capital Management: Special-situations and distressed-investing firm with a comparable playbook of acquiring and restructuring troubled companies across industrial sectors.
• Silver Point Capital: Credit-focused alternative manager specializing in distressed and special-situations investments. Direct competitor for stressed-debt and restructuring mandates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/invescocanada
• Facebookfacebook.com/invescocanada

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments5 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about W.L. Ross & Co