About

Axar Capital Management is a value-oriented alternative asset management firm

  • Founded in 2015 by Andrew Axelrod and Timothy Parrott, Axar Capital Management invests in a concentrated number of public and private market situations that larger competitors are less likely to pursue due to size, complexity, duration and potential need for active involvement
  • Headquartered in New York City, we focus on North American middle market opportunities across the capital structure and often look to establish control positions over time

Firm Highlights

80 +

restructurings

Investment team with extensive experience in 80+ restructurings across the U.S. and Canada

1B+

firm-wide AUM

$1B+ firm-wide AUM as of 9/30/2021 across our funds, separate accounts and single asset vehicles

Firm Highlights

80 +

restructurings

Investment team with extensive experience in 80+ restructurings across the U.S. and Canada

1.0 B

firm-wide AUM

$1.0B firm-wide AUM as of 6/30/2021 across our commingled vehicles, separate accounts and co-investments

The Axar Difference

  • Axar applies sophisticated investment skills and restructuring techniques to middle market companies with $250 million-$1 billion capital structures
  • As a result, we are able to provide our investors with exposure to opportunities not likely to be held elsewhere in their portfolio

Differentiated Ideas

Focus on North American middle market situations that larger competitors are unlikely to pursue

Ability to invest in opportunities with expected duration of 3-5 years

Differentiated Process

Often initiate positions through secondary market debt investments and add to positions over time, particularly during and before Chapter 11

Seek to significantly influence or control most of our core investments and serve directly on creditor committees and company boards

Differentiated Results

Portfolio that is highly concentrated in our best ideas and has little overlap with other funds

Idiosyncratic returns driven by company-specific catalysts, not market beta

Differentiated Ideas

Focus on North American middle market credit situations that larger competitors are unlikely to pursue

Ability to invest in opportunities with expected duration of 3-5 years

Differentiated Process

Typically initiate positions through secondary market debt investments and add to positions over time, particularly during and before Chapter 11

Seek to significantly influence or control most of our core investments and serve directly on creditor committees and company boards

Differentiated Results

Portfolio that is highly concentrated in our best ideas and has little overlap with other funds

Idiosyncratic returns driven by company-specific catalysts, not market beta