Andrew Axelrod

Andrew Axelrod, Founder and CEO of Axar Capital Management, discusses his firm's investment strategies in distressed corporate credit. He explains how focused buyers like Axar help stabilize troubled loans while emphasizing the 'loan-to-own' approach and the necessity of diligent capital commitment. Axelrod shares insights on identifying effective management teams and adhering to a strategic process during economic shifts. The conversation also touches on notable distressed cases, including the challenges faced by companies like Claire's and CommScope.