  The Compressed Baryonic Matter experiment at FAIR will investigate the QCD
phase diagram in the region of high net-baryon densities. Enhanced production
of strange baryons, such as the most abundantly produced $\Lambda$ hyperons,
can signal transition to a new phase of the QCD matter. In this work, the CBM
performance for reconstruction of the $\Lambda$ hyperon via its decay to proton
and $\pi^{-}$ is presented. Decay topology reconstruction is implemented in the
Particle-Finder Simple (PFSimple) package with Machine Learning algorithms
providing efficient selection of the decays and high signal to background
ratio.
