The hedge fund industry is a boys’ club, with hardly any female success stories to turn to. Damsel in Distressed is one of those rare, humorous, and inspiring stories.
In 1998, Dominique Mielle joined Canyon Partners — a small, little-known hedge fund. The job was trading distressed securities and high yield bonds, known back then, respectively, as vulture investing and junk bonds.
Over the span of two decades, she rose to the top of the firm as the only female partner and senior portfolio manager — in what became one of the largest hedge funds in the U.S. Damsel in Distressed explores the inner workings of hedge funds while exposing what it takes to succeed as a woman investor.