The gateway to everything entrepreneurial at Cornell University

Cornellians in Private Equity

Robert Symington

M.B.A '92

Senior Portfolio Manager
Avenue Capital Group (New York, NY)

Background

Mr. Robert T. Symington serves as the Head of Distressed-Debt Investments, US and Senior Portfolio Manager at Avenue Capital Group. Mr. Symington is responsible for assisting with the direction of the investment activities of the Avenue U.S. Strategy. Prior to joining Avenue, he was Managing Director and Chief Investment Officer of the M.D. Sass Corporate Resurgence Funds at Resurgence Asset Management, L.L.C. Mr. Symington joined Resurgence in 1992. At Resurgence, he was responsible for analyzing and actively managing a portfolio of distressed investments, both public and private, in a variety of industries. Mr. Symington has extensive experience analyzing companies undergoing Chapter 7 liquidation and reorganization under Chapter 11, as well as the pre-bankruptcy and post-bankruptcy process. He has also served on several creditor committees, bank debt steering committees, and boards of directors. Prior to his 13 years at Resurgence, Mr. Symington was also a Credit Analyst and Loan Officer at the Philadelphia National Bank. He has been Director of Trump Entertainment Resorts, Inc. since July 16, 2010. He served as Independent Director of Nextwave Wireless Inc. since 2005.

Education

Mr. Symington received a B.A. in English Literature from Dickinson College in 1986 and an M.B.A. in Finance and Accounting from Johnson in 1992.