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Third Avenue Focused Credit Fund Institutional Class (TFCIX)

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Third Avenue Focused Credit Instl historical data, for real-time data please try another search
0.24 0.00    0.00%
27/06 - Closed. Currency in USD
Type:  Fund
Market:  United States
Asset Class:  Bond
  • Morningstar Rating:
  • Total Assets: 28.62M
Third Avenue Focused Credit Instl 0.24 0.00 0.00%

TFCIX Overview

 
On this page you'll find an in-depth profile of Third Avenue Focused Credit Fund Institutional Class. Learn about the key management, total assets, investment strategy and contact information of TFCIX among other information.
Category

High Yield Bond

Total Assets

28.62M

Expenses

1.86%

Inception Date

40056

Contact Information

Address 622 Third Avenue, 32nd Floor
New York,NY 10017
United States
Phone +1 8004431021

Top Executives

Name Title Since Until
Joseph Zalewski - 2013 Now
Biography Mr. Zalewski, who joined Third Avenue in 2009, was a distressed debt and special situations portfolio manager at Credit Suisse Securities. Prior to that he was a senior distressed debt and special situations analyst at investment firm 3V Capital, which he helped build out as the spun-off proprietary trading group of Libertas Partners. He has served on the board of EasyLink Services International Corp., and on the creditors committee for Interstate Bakeries Corp. Mr. Zalewski has a B.A. in Economics and a B.A. in Political Science from Duke University and is a member of the board of directors of New York’s Red Fern Theatre Company.
Nathaniel Kirk - 2013 Now
Biography Mr. Kirk joined Third Avenue in 2011, after seven years at J.P. Morgan. While at J.P. Morgan, he was most recently in high-yield research, specializing in health care and covering over 80 issuers. Earlier in his career, Mr. Kirk worked on J.P. Morgan’s emerging markets trading desk where he traded Mexican, Turkish and Russian sovereign bonds and options as well as corporate debt for issuers, including Pemex. He also worked with J.P. Morgan’s Principal Finance team performing due diligence for purchasing and securitizing non-performing loans in the United Kingdom and Germany. Mr. Kirk holds an M.A. in Economics from Cambridge University, where he wrote his thesis on the causes as well as the probability and severity of international financial crises. He holds dual undergraduate degrees in Economics and Political Science from Yale University.
Thomas A. LaPointe Co-Founder 2010 Now
Biography Thomas LaPointe, helped launch the Fund with his arrival at Third Avenue Management in 2009. Previously, Mr. Lapointe was senior vice president, co-manages the Boston high yield group for Columbia Management, where he serves as a senior high-yield portfolio manager. Before becoming a portfolio manager in February 2003, Mr. LaPointe served as a high-yield analyst for four years at Columbia Management. He currently co-manages the High Income Portfolio and manages the high-yield sector of Nations Bond Fund and Nations Strategic Income Fund and may also manage other investment products for both BA
Edwin Tai - 2013 2015
Biography In 2010, Mr. Tai joined Third Avenue’s credit team from the Seaport Group where he was a managing director in distressed debt research specializing in distressed bonds, bank debt, trade claims and special purpose vehicles. Prior to that, Mr. Tai spent three years at Barclays Capital as a senior member of the distressed debt trading team managing more than $500 million in distressed investments. He was a director and analyst focusing on the power, oil & gas, consumer, technology, homebuilding and financial sectors. Significant restructurings Mr. Tai has invested in during his career include: Lehman Brothers, Nortel, AIG, Ainsworth Lumber, Lyondell, Ion Media, Spectrum Brands, Calpine. Previously, Mr. Tai was an equity analyst covering global semiconductors at Credit Suisse. He began his career in Lucent Technologies’ Financial Leadership Development Program. Mr. Tai is currently an adjunct professor of finance at Fordham University. He received an M.B.A. from MIT’s Sloan School of Management. Mr. Tai holds an M.S. in Accounting from Babson College and graduated with honors from Rutgers University with a B.S. in Finance and a B.A. in Economics.
Jeffrey J. Gary Portfolio Manager 2009 2010
Biography Jeffrey J. Gary, Senior Portfolio Manager of Avenue Capital Management II, L.P., is primarily responsible for the day-to-day management of the Fund's assets. Mr. Gary has been the portfolio manager of the Fund since June 2012. Mr. Gary has also been the portfolio manager for the Avenue Closed-End Fund since November 2012 and the private collateralized loan obligation (CLO) funds managed by the Adviser since February 2013. Prior to joining the Adviser, Mr. Gary served as a portfolio manager at another registered investment adviser since 2009, where he managed an opportunistic credit fund that invested globally in high yield bonds, bank loans and distressed securities. Mr. Gary has more than 20 years of investment experience in high yield, bank loan and distressed investment strategies, including the last 19 years as a portfolio manager. Mr. Gary's experience includes managing numerous high yield and credit-related mutual funds. Mr. Gary holds an M.B.A. from Northwestern University’s Kellogg School of Management, and a B.S. in accounting from Penn State University. He is a Certified Public Accountant (inactive).
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