In this series, Parul and Geoff will cover the complexities of stressed and distressed credit investing, the risks and rewards, the current opportunity and their history and experience in this area.  In Part Two of this six-part series on investing in stressed and distressed debt, Geoff and Parul continue the conversation. They cover:  The opportunity set they are seeing and cyclicality.  Overvalued and undervalued sectors.  Where investing ideas come from.  The Four Ps: Pre-investment, Purchase, Pro-active credit management, Position exit.  The Team's 13-Point Credit Checklist. 

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