Providing liquidity and superior execution services in distressed and special situation markets worldwide.
Fulcrum is a boutique investment firm specializing in the trading and analysis of distressed and special situation investment opportunities. Fulcrum focuses on legally intensive or litigation driven investments. Fulcrum combines proprietary capital with an established sales, trading and advisory business to provide robust market liquidity on a worldwide basis.
We are a top-tier institution in the secondary market for distressed claims, litigation and other illiquid debt, having closed nearly $35 billion in trades since inception. As specialists in illiquid and distressed instruments and litigation, we regularly provide creative and bespoke solutions to our counterparties. Due to the firm’s extensive network we have the ability to participate in most situations regardless of size, complexity or geographic scope.
Our distressed trading activities focus on the financial obligations of leveraged and financially troubled corporations and sovereigns, with an emphasis on entities that are involved in a workout, restructuring or liquidation.
Our special situation activities focus primarily on private market transactions involving illiquid investment opportunities available in event-driven and inefficient trading environments. We tend to focus on litigation driven investments.
We have the capacity to facilitate complex transactions end-to-end starting with counterparty identification/engagement and ending with trade closing and legal settlement.
Mr. Anderson joined Fulcrum in 2019. His role focuses primarily on sourcing US-based investments. Prior to joining Fulcrum, Mr. Anderson was a financial advisor at Equitable Advisors, LLC. He attended the University of Texas at Austin on a diving scholarship and graduated with a B.A. in Economics. While at the University of Texas, the Longhorn Swimming and Diving team earned 3 consecutive NCAA National Championships. Mr. Anderson also serves on the Board of Directors of USA Diving, a non-profit that is dedicated to building the sport to achieve sustained Olympic success.
Timothy C. Bennett joined Fulcrum as general counsel in 2017 after nearly fourteen years of law firm experience. He also serves as the risk manager for Fulcrum’s investment committee. Before Fulcrum, Mr. Bennett was senior counsel with Seyfarth Shaw and the leader of that firm’s Global Distressed, Illiquid and Special Situations Trading group. Prior to that role, he was an associate in the banking and finance group in the New York office of the global law firm Clifford Chance. Mr. Bennett has broad experience in corporate, finance and bankruptcy law matters. His law firm practice focused on advising clients in the development and implementation of trading and investment strategies and negotiating transactions on their behalf. Mr. Bennett received his JD and MBA (Finance) from Seton Hall University and his BA (History) from The College of the Holy Cross, and is admitted to practice law in New York and Massachusetts. He resides in Andover, MA, with his wife, three children, and beagle, where he is a coach and vice president of the Andover Hockey Association and a religious education teacher at St. Augustine’s Church.
Ben Chen – 陈堃
Prior to joining Fulcrum, Ben provided restructuring services as a senior manager of an international consulting firm. He is experienced in various judicial and administrative procedures. Ben spent over nine years managing banking NPLs, especially Non-performing assets in North China related to iron, steel, coke, real estate as well as processing and manufacturing industries. He is also well versed in developing turnaround strategies to improve assets value and mitigate risk for stakeholders by overseeing and being actively involved in due diligence, consulting design, commercial negotiation, timing, and cost controlling.
Mr. Cline serves as a Senior Vice President at Fulcrum Capital in its Austin office. Mr. Cline has more than 15 years experience in institutional distressed and high yield trading roles. Prior to joining Fulcrum Capital he worked at Imperial Capital in Beverly Hills and New York. Mr. Cline began his professional career as a tight end in the NFL for the Buffalo Bills, San Francisco 49ers and the Pittsburgh Steelers. Mr. Cline graduated from Stanford University with a degree in economics where he played football for the Cardinals.
Mr. Dresslar joined Fulcrum in 2020 as Associate General Counsel. Prior to joining Fulcrum, Mr. Dresslar was an attorney at a leading law firm in Austin, Texas and, before that, at an international law firm in Dallas, Texas, where his practice focused on complex commercial disputes, risk assessment, and compliance matters. Mr. Dresslar earned both his J.D. and B.S. (Communications) from the University of Texas. Mr. Dresslar is a member in good standing of the Texas bar.
Mr. Foo serves as Senior Vice President at Fulcrum Capital in London, and is responsible for research coverage across the EMEA region. Prior to joining Fulcrum he co-established Morgan Stanley’s European Restructuring Team in London, where he was responsible for protecting the bank’s assets by maximizing recoveries through either formal or informal restructuring processes. With over 10 years’ experience in distressed debt, banking and risk management, he has also held various positions at Bank of America and National Australia Bank. A key part of Mr Foo’s focus at Fulcrum will be expanding our European research coverage and capabilities. He is a fellow member of the Institute of Chartered Accountants Australia and New Zealand and is a graduate of the University of Melbourne with a degree in Commerce.
Andy serves as Global head of operations for Fulcrum Capital. Andy spent the last 9+ years leading multiple revenue generating teams at Enverus. Enverus (formerly known as Drillinginfo) is the largest SaaS company solely dedicated to serving the energy market. Enverus was recently acquired by Hellman & Friedman, a premier global private equity firm. When not working, Andy loves spending time with his wife Jessica and his 2.5 year old son Hayes. He is an avid outdoorsman and loves being in the Texas hill country or on the coast fishing.
Mr. Hamilton has over 18 years of experience in the global distressed market. Prior to founding Fulcrum, he was a Managing Director and Head of Private Debt Trading for APS Capital Corp., a distressed investment boutique focusing on trade claims and bank debt research, sales and trading. Mr. Hamilton started his career at Akin, Gump, Strauss, Hauer and Feld, LLP working in the firm’s corporate and securities section. He attended San Jose State University on a Division I baseball scholarship and graduated summa cum laude with a degree in Administration of Justice and a concentration in Finance. He is also a graduate of UC Hastings Law School where he earned his J.D. Mr. Hamilton serves on the Board of Directors of CASA of Travis County, a non-profit that serves and advocates for abused and neglected children.
Mr. Horrigan has over 24 years of experience in the global distressed market. Prior to founding Fulcrum, he was a Senior Vice President on the Credit Sales and Trading desk at APS Financial. Prior to joining APS, Mr. Horrigan worked in the Mortgage Strategies group at PaineWebber. He earned his MBA from the University of Texas and graduated with honors from the Michigan Technological University with a Bachelor of Science in Mechanical Engineering. Prior to beginning his career in finance, Mr. Horrigan worked as an Aerospace Structural Design Engineer for both General Dynamics and NASA.
Mireya Lizarazo-Burr serves as Head of Operations for Fulcrum’s transactions trading desk and has over 20 years of paralegal and compliance experience. Her knowledge covers an extensive range of real estate, corporate, mergers and acquisitions, litigations, insolvencies, and distressed debt. She has worked at diverse companies including Highland Capital Management, SBA Communications, McKinsey & Company, and Brown Rudnick LLP. Mireya is originally from Garden City, New York and holds a BA from the University of Arizona. In her free time, you can find her painting and perusing art museums with her two young children.
Mr. King serves as Director of Research at Fulcrum. Prior to joining Fulcrum, Mr. King was a senior analyst at Beach Point Capital Management LP, a credit hedge fund focused on stressed/distressed opportunities, where he invested across the capital structure and participated on creditor committees. Before Beach Point, Mr. King was an analyst at Monarch Alternative Capital LP, where he analyzed and invested in distressed/event-driven opportunities. Prior to Monarch, Mr. King worked in the Recapitalization and Restructuring group at Jefferies & Company, where he helped guide numerous debtors and creditor committees through restructurings as a financial advisor. Mr. King graduated with a degree in Economics from Harvard University.
Mr. Liptak has over 23 years’ experience in the global distressed and special situations market. Prior to joining Fulcrum, Mr. Liptak headed up the Asian distressed and special situations trading desks for Citigroup and Banc of America based in Hong Kong and was responsible for strategy and all capital commitments for the Asia market focusing on distressed / stressed credit products, private equity, NPL portfolios and rescue financings. Prior to coming to Asia in 1998, Mr. Liptak worked in New York for UBS (’97 to ’98) on the Global High Yield / Distress trading desk. Mr. Liptak began his career at CS First Boston (’93 to ’97) on the US High Yield desk conducting high yield research. Mr. Liptak holds a B.S. degree in Accounting and Finance from University of South Carolina and a M.B.A. from the University of Notre Dame.
Mr. Marta is based out of Fulcrum’s headquarters in Austin, Texas and serves as Vice President of sourcing for US-based opportunities. Prior to joining Fulcrum, Mr. Marta served as a Portfolio Manager for FLC Capital, a wealth management firm based in Southern California. Prior to that, Mr. Marta served as a senior analyst at Pacific Investment Management Company (“PIMCO”) for over 6 years. Mr. Marta is a member of the State Bar of California and earned his Juris Doctor from Trinity Law School and did his undergraduate studies at the University of Arizona. In his spare time, Mr. Marta enjoys any time he gets with his wife and two young children, except for when they misbehave.
Bankim Mitra – 班金 米恰.
Mr. Mitra serves as Managing Director and Head of APAC Distribution at Fulcrum, and is based in Singapore. He has 20 years of experience in Financial Markets. Prior to joining Fulcrum, Mr. Mitra was at HSBC Singapore, responsible for coverage of Institutional Clients across South East Asia. He has extensive experience in Sourcing and Distribution of Performing & Distressed Loans, Special Situations, Private Credit, Financing, Structured Credit and Bonds. Mr.Mitra is a CFA Charter holder and earned his MBA qualification from Indian Institute of Management and Bachelor of Commerce (Honours) from Delhi University.
Mr. Mohyal joined Fulcrum in 2017 and serves as the Sourcing and Distribution VP, covering core clients in CEEMEA. Mr. Mohyal has over seven years of Banking and Institutional investment experience across different asset classes. Prior to joining Fulcrum, Owais worked as an Investment Banking Credit Associate at Bank of America Merrill Lynch London, providing credit opinions, and assisting deal execution for BAML’s core EMEA clients across Emerging Markets, Funds and Leverage Finance portfolios. Owais earned his Bachelor’s in Finance from London School of Economics and Master’s in Finance from Cass Business School.
Mr. Morales is Senior Vice President of Legal and LatAm at Fulcrum Capital and is based out of Fulcrum’s headquarters in Austin, Texas. His practice focus is in legal claims and, regionally, in Latin America. Prior to transitioning to his current position, Mr. Morales was a part of Fulcrum’s legal department and held the position of Trade Desk Attorney. Mr. Morales is a member of the State Bar of California and earned his Juris Doctor from the University of California, Hastings College of the Law.
Mr. Petrus joined Fulcrum in 2019 and serves as Vice President responsible for EMEA opportunities coverage. Prior to joining Fulcrum, Mr. Petrus spent his internship at Greylock Capital, New York, covering distressed and high-yield debt in Europe, Africa, and Middle East. Before that, Viktor spent 5 years as a portfolio manager of the second-largest corporate pension fund in Ukraine and has additional 6 years of experience in sales & trading. Mr. Petrus received his MBA degree from Johnson School of Management (Cornell).
Mr. Rodgers has over 25 years of experience in the distressed market. Starting in 1997 Mr. Rodgers has traded, assisted in the distribution, of over hundreds of distressed credits involving many of the most profiled bankruptcy cases while a Partner at Tejas Securities in Austin, Texas. Mr. Rodgers prior to 1997 was a member of Mortgage Trading for a Texas based Regional Dealer. He graduated from Texas A&M in 1990 and began his career in finance in 1991. A lifetime resident of Austin, Texas Mr. Rodgers still resides in Austin, TX along with his wife and two grown children
Mr. Rojas is a 2010 Marketing and International Business graduate of Michigan State University. Prior to joining Fulcrum Capital, Mr. Rojas spent four years developing and managing the LATAM market for WIN-911, the world’s most widely-used Alarm Notification Software. Arish has also spent time studying International Business at Hong Kong University of Science and Technology (HKUST) and interned in South Korea with one of the top 4 Steel Companies of the world (POSCO). Arish has a passion for travel and has lived in 5 countries (Mexico, USA, South Korea, China and France).
Ms. Rosenzweig joined Fulcrum Capital in 2018. Her role as Marketing Director focuses on overseeing and managing all company marketing initiatives, planning the execution of highly targeted email marketing campaigns and increasing overall brand awareness. Prior to joining Fulcrum Capital, Ms. Rosenzweig was the Marketing Director for Far West Capital in Austin, Texas. Before her move to Austin, Jennifer lived in Houston, Texas serving as the Marketing Director at the Houston Zoo. She attended the University of Hartford with a B.A. in Communications.
When not busy marketing Fulcrum Capital, Jennifer spends her time with her teenage twin girls in Austin, Texas.
Mr. Russolino joined Fulcrum in 2019 and serves as a sourcing and distribution specialist. He has over seven years of institutional investment experience in credit and equity markets. Prior to joining Fulcrum, Nick served as a senior institutional sales associate in the small and mid-cap space, providing coverage and idea generation to portfolio managers at some of the largest hedge fund and mutual fund companies in the United States. In his previous role, Mr. Russolino spent much of his time traveling the country alongside C-Suite executives of multi-billion dollar public companies. Nick earned his Masters in Finance from Tulane University and graduated with honors from the University of Louisiana at Lafayette with a B.S.B.A in Finance.
Kanika joined Fulcrum in 2017 and focuses on sourcing EMEA and APAC markets from Dubai. Kanika has over 10 years of experience in the financial services industry including private banking, portfolio management and credit/ risk services prior to joining Fulcrum. Kanika is a CFA Charter holder and graduated with distinction from the University of Wollongong in Dubai with a degree in Finance.
Mr. Shepherd serves as the Head of Distribution. Mr. Shepherd has over 18 years of experience in EM Credit trading markets. Prior to joining Fulcrum, Mr. Shepherd headed up the Asian credit trading operations at BGC Partners (a division of Cantor Fitzgerald). There he was responsible for flow trading of both Asian and Australasian securities, focusing on High Yield and Distressed products, as well as credit default swaps and both onshore RMB and Dim Sum credit products. Prior to Asia, Mr. Shepherd worked in London for Cantor Fitzgerald on the Emerging Market and Brady Bonds desk, covering Eastern European and LATAM credit.
Melvin Tan – 陈尧龙
Mr. Melvin serves as Managing Director at Fulcrum Capital in Singapore and has over 16 years of experience in the regional APAC distressed market. Prior to joining Fulcrum, his key role was to manage and maximize recovery from distressed assets and non-performing loans for banks in Singapore. Mr. Melvin started his career as an auditor with Ernst & Young before specializing in both Creditor and Debtor led restructuring workouts, turnaround advisory and formal insolvency appointments. Mr. Melvin obtained his bachelor’s degree with honors in Accountancy from Nanyang Technological University of Singapore.
Mr. Thanasi serves as Managing Director at Fulcrum Capital and Head of European distribution. Prior to joining Fulcrum, Mr. Thanasi spent over a decade in Special Situations Sales roles, mainly in KNG and RBS, covering Credit Funds with access to Fixed Income products and pricing support. He also focused on Structured Finance transactions and Stressed/Distressed Debt, partnering with specialized investors, including Hedge Funds and Private Equity Funds. Mr. Thanasi will focus on establishing new relationships and developing further Fulcrum access to European Capital markets, focusing on Specialized Investors and promoting Fulcrum activities. Mr. Thanasi holds a BS in Business and Economics and an MSc in Economics and Financials Markets from the University of Genoa.
Annie Wang – 王溪蔚
As a dedicated and detail-oriented accounting manager, Mrs. Wang has been managing the accounting function of Fulcrum Capital for 6 years. She monitors multiple financial procedures and ensured implementation of federal and state regulations. Mrs. Wang earned her MS in Accounting degree from the Cox School of Business at Southern Methodist University and has passed all four sections of the CPA exam.
Mr. Whitty serves as Senior Vice President at Fulcrum Capital. Based in the London office he is responsible for sourcing and distribution across Europe. Mr. Whitty has over 19 years experience in the financial markets having spent the last decade in the global distressed/special situations space. Prior to joining Fulcrum, he spent the majority of his career working for a boutique investment firm in London which specializes in trading illiquid and distressed credit. He was responsible for sourcing bank debt and bankruptcy claims with a focus on Chapter 11 and Sovereign claims. Up until recently, he set up the distressed trading desk for a multinational brokerage firm covering NPL’s, single names & portfolios, special situations and Private Debt.
Mrs. Zawel serves as Trade Desk Attorney at Fulcrum. Prior to joining Fulcrum, Mrs. Zawel worked in the legal department at ArcLight Capital Partners, a Boston-based private equity company focused on the energy sector. Mrs. Zawel earned her JD and MBA (Leadership) from Pepperdine University and her BBA (Marketing) from the McCombs School of Business at the University of Texas. Mrs. Zawel is a member in good standing of the Texas Bar.