This document summarizes a Brazilian company called BrD that specializes in investing in distressed assets such as loans in default. BrD purchases distressed assets like credits at a discount from creditors such as banks and investors. Its goal is to relieve clients of distressed assets while generating value for clients, borrowers, and shareholders through negotiation and management of the distressed credits. BrD has acquired assets across several sectors and has seen growth in the cumulative face value of deals since 2011.