Axar Capital

Axar Capital is an SEC-registered investment advisor based in New York City, founded in 2015 by Andrew Axelrod, a former co-head of North America for Mount Kellett Capital Management. The firm specializes in opportunistic corporate credit and special situations within the North American middle market. Its investment team primarily targets middle-market high-yield bonds and leveraged loans across various sectors, including financial services, real estate, industrials, consumer products and retail, and energy. Axar Capital focuses on both stressed and distressed investment opportunities, leveraging its expertise to assist businesses with investment management, financial planning, and supervisory services for business development. The firm operates with a dedicated team of 11 professionals.