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Turnaround Management & Restructuring Club (TMRC) is a platform for LBS students interested in turnarounds, restructuring, distressed investing, and special situations. We bring together students who want to understand how companies navigate stress financially, operationally, and strategically, and how stakeholders shape outcomes.

5

Officers

3,971

Members

131

Events

419

Emails/Newsletters

What We Do
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Throughout the academic year, TMRC hosts hands-on workshops with practitioners across financial advisory, legal advisory, distressed investing, trading desks, and CRO functions. Our goal is to give students practical exposure to real restructuring processes, including how situations evolve, how decisions are made, and what execution looks like in practice.

Flagship Event and Network
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One of our flagship events is the Conference of Financial Distress. In 2024, TMRC welcomed panellists from Bank of America, Houlihan Lokey, Lazard, Strategic Value Partners, Triton, Centerbridge, Blantyre Capital, Alchemy, Sidley Austin, and Octus (formerly Reorg), giving students direct access to the people shaping the market.

Our Team

Steven Sugiarto Profile

Steven Sugiarto

Co-President
Pablo Alvarez Profile

Pablo Alvarez

Co-President
Juan Antonio Colmenares Arce Profile

Juan Antonio Colmenares Arce

Treasurer
Zafar Kamalov Profile

Zafar Kamalov

Senior VP
Weiling Yuan Profile

Weiling Yuan

Head of Alumni