Regions Midwest | Chicago
CMBS Veteran Launches Advisory Firm
May 16, 2008

Frederick Fellows has established Basalt Capital L.L.C. (Basalt) in Chicago, Ill., an investment management company focused on commercial real estate debt securities, the firm has announced. Fellows had previously founded Cargan Investment Management L.L.C. in 1999. Basalt, an institutional advisory firm, currently manages commercial mortgage backed security investments for a related investment partnership. Basalt has launched a $500 million high yield CMBS-oriented investment fund and expects to have its first closing within the next several months.

 
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