Edidin whet his appetite for distressed investing as an analyst in Blackstone's restructuring group, but he made his name in the sector at York Capital. He was the second hire in
the $10 billion firm's York Credit Opportunities fund, which shot from $15 million to more than $3.5 billion in just a few short years.
Just before leaving to start Archer Capital Management in 2006 with Josh Lobel, York's credit fund was named the No. 1 distressed securities hedge fund by Hedge Fund Research.