Solus was founded in June 2007 when the Hedge Fund Strategies Group of Stanfield Capital Partners LLC separated to form an independent Firm under the continued leadership of Christopher Pucillo, who had managed the group at Stanfield since January 2002. Because the hedge fund business at Stanfield had always operated as an independent entity, the separation was seamless. Of Stanfield's 65 employees, 42 joined Solus, along with nearly 100% of the hedge fund investors. Chris Pucillo remains the Chief Executive Officer and Chief Investment Officer of Solus today.