Cloud 9fin Navigating downturns with Hilco’s Jamie Sprayregen
4 snips
Nov 25, 2025 Jamie Sprayregen, Vice Chairman of Global Strategy and Growth at Hilco Global, shares his insights from decades in restructuring law and rescue finance. He discusses how AI is reshaping the market and the rise of asset-backed securities from stressed issuers as creative restructuring tools. Jamie reflects on the fraud risks highlighted by the downfall of First Brands and emphasizes the need for improved diligence. He also addresses the potential impacts of tariffs and government shutdowns on the economy, while predicting a steady pace of restructurings leading into 2026.
AI Snips
Chapters
Transcript
Episode notes
Career From Law To Strategy
- Jamie Sprayregen described his career from Kirkland and Ellis to Goldman Sachs and back, then to Hilco Global.
- He emphasized building Kirkland's restructuring group and moving into a strategy role at Hilco.
Oryx Investment Fuels Scale
- Hilco combines asset valuation expertise with newly available cheaper capital from Oryx to scale services and lending.
- The deal split Hilco into capital solutions and professional services to grow asset-based lending and valuation work.
Align Talent, Capital, And Strategy
- Jamie's role centers on fundraising, sourcing talent, and driving revenue for Hilco's growth platforms.
- He advised aligning strategy, human capital, and capital-raising to scale asset-based lending.