Our Team
Jun Song
Jun Song, a Managing Director at SierraConstellation Partners, has experience in special situations spanning across leveraged finance, restructuring and opportunistic investing.
He has executed numerous restructurings in a broad swath of industries, including energy, healthcare, hospitality, logistics and gaming, among others. Having advised company management as well as creditors at all levels of the capital stack, Jun brings a holistic perspective to complex situations where stakeholders often have contrasting objectives and expectations.
Prior to joining SCP, Jun led the west coast restructuring practice of Capstone Advisory Group (now BRG), where he guided clients inside and outside bankruptcy. He received a BA in economics and political science from Colgate University and an MBA from Cornell University’s Johnson Graduate School of Management.
Notable Assignments
- Advised on numerous distressed M&A transactions in the gaming space, including casinos owned by Trump Entertainment Resorts and Icahn Enterprises. Identified secular risks and quantified cost-saving opportunities to deliver prudent, balanced advice.
- Devised and implemented systems and processes to better manage cash flows for multiple companies, including one of the nation’s largest operators of golf courses and one of the nation’s largest Community Development Financial Institutions.
- Financed billions of dollars of corporate loans in the capacity of commercial banker and investment banker (Korea Exchange Bank, JPMorgan) by effectively understanding and conveying the value proposition and potential risks of borrowers, which ranged from industrial companies like Goodyear to tech companies like Samsung Electronics.
- Developed and negotiated the restructuring plan for a major metropolitan newspaper company, significantly streamlining operations and resulting in a win-win for both the company and its lenders. The company quickly went from annual losses of $20+ million to profitable operations, and its senior lenders eventually achieved outsized returns on their loans.
- Helped to shore up liquidity at what was then the nation’s largest urgent care company by identifying and addressing collections issues that had pushed the company into insolvency. The process improvements allowed for short-term funding options to which it had previously been precluded.
- Restructured several energy companies, where efforts were directed toward the cost/benefit of shut-ins and hedging strategies involving complex derivative instruments. SemGroup is an example of a restructuring where strategic changes to several business units (including cross-border entities) resulted in a successful exit from Chapter 11, in which senior lenders received new debt and equity and saw the company grow from $1.5 billion of EV to an eventual sale to Energy Transfer for $5 billion.
- Investor and advisor to multiple startups in various industries, including real estate, fin tech and food services. Guided product development for a growing food services company and an autonomous trading platform. Served as a strategic advisor to an AI-driven fin tech company whose valuation has grown to over $100 million.