
Knighthead Capital Management, LLC is a New York-based SEC-registered investment adviser and diversified asset management platform co-founded in 2008 by Tom Wagner and Ara Cohen. The firm specializes in fundamental credit analysis, operational and financial turnarounds, and risk management across vehicles including hedge funds, real estate lending, insurance asset management, and distressed opportunities.
38% of their portfolio is in Mobility & Transportation. They made 1 investment in the last 12 months. Average disclosed round size is $109.9M (across 8 rounds with reported amounts).
Portfolio
5
Fund Size
$1.5B
Top Stage
Series B
Last 12 Mo
1
Team
Ara D. Cohen
Co-Founding Partner Co-Managing Member
Thomas A. Wagner
Co-Founding Partner Co-Managing Member
Adam Zirkin
Partner Analyst
Andrew Shannahan
Partner Director of Research
Portfolio Breakdown
Stage Distribution
Investment Activity
Portfolio
Top Co-Investors
Last updated: 7 October 2026