David Markus Email & Phone Number

New York, New York, United States

New York, NY

• Managing Director at the Fortress Partners Fund.
• Senior Investment Professional and member of the Investment Committee for Fortress Partners Fund
• Responsible for a portfolio of over $700 million of Credit and Event Driven investments including hedge funds, private equity funds and direct investments
• Representative investments included a secondary purchase of a loan to the estate of a bankrupt Icelandic bank, a bespoke fund investing in Residential Mortgage Backed Securities and the equity of Business Development.
• Developed strategy for investing in illiquid fund assets including in hedge fund side pockets, secondary LP interests in private equity funds and other related opportunities
• Created sourcing network for uncovering opportunities in the illiquid fund assets space

• One of six partners that launched a multi-strategy investment management firm with offices in New York, London and Hong Kong.
• Responsibilities for both the Global Macro Fund and the Credit Opportunities Fund included developing the investment strategies, building the global infrastructure, helping hire the investment team and the back office.
• Co-head of opportunistic credit-oriented private equity fund focused on the corporate, real estate and asset-backed sectors in North America and Europe
• Realized 27% IRR on capital deployed

• Founder of $400 million credit hedge fund that invested in distressed debt, high yield debt and equities
• Founded credit hedge fund that invested in a hedged portfolio of distressed debt, high yield debt, and equities
• Generated annualized return of 7%, outperforming the Merrill Lynch and the S&P 500 indices
• Grew assets under management from $7 million to $400 million

• Co-founded $575 million credit hedge fund that invested in distressed debt, high yield debt, capital structure arbitrage and equities.
• Generated annualized return of 27%
• Participated in negotiating corporate restructurings, bankruptcies and distressed workouts including the restructuring of Archibald Candy which was named “Middle Market Transaction of the Year” by the Turnaround.

• Senior analyst covering distressed and bankrupt companies
• Managed a proprietary trading account of debt and equities
• Coverage responsibilities included Fokker Aircraft NV, Genesis Health Ventures, Metropolis Realty Trust and Phillip Services

• Senior analyst covering high-yield and distressed companies in the Paper/Forest Products, Supermarket, Retail and Textile/Apparel sectors
• Recommended successful proprietary ideas for the trading desks

Analyzed, negotiated and structured $490 million in private placement investments.

Mba, Finance

Bachelor’S Degree, Finance