Michael J. Fey is the Chief Marketing Officer at Ankura Trust Company with more than two decades of experience in the turnaround and restructuring industry. He has worked for large banks, private equity firms, and investment management firms, taking a constructive, proactive role in managing stressed and distressed assets to maximize returns on behalf of his client-investors and other constituents. His experience managing large and complex situations and transactions enables him to guide groups of lenders and investors toward consensus and then execute a plan for the optimal outcome.
Before joining Ankura, Michael was a director at Barings, formerly Babson Capital, in Charlotte, North Carolina. Over nine years, he handled a range of distressed debt, equity, and warrants held across multiple portfolios, and represented the firm in the restructurings and turnarounds of US-based assets, working closely with management teams and boards of directors. He was also a member of a six-person team that managed three, stand-alone, global funds invested in special-situations assets.
Michael previously was a managing director at Patriarch Partners, a New York-based hedge fund specializing in distressed debt and equity holdings. He managed distressed debt and equity portfolios that were Patriarch’s direct holdings and oversaw the collateral management of senior secured and unsecured structured debt portfolios under for-fee management. He began his financial career at Bank of America as a workout specialist for small commercial loans. Michael was promoted to senior vice president and senior portfolio officer responsible for large commercial loans and other distressed assets, where he focused on risk mitigation, cost containment, and developing resolution strategies that addressed a myriad of legal and financial issues.
His professional experience includes: