Adam is the co-founder and portfolio manager of Pioneer Funding Group, a bankruptcy trade claim investment fund (http://www.pioneerfundingllc.com/). Adam started his career in the leveraged finance group of investment bank CIBC World Markets. At CIBC he advised companies and private equity sponsors on M&A, LBOs and restructurings and focused on debt and equity capital raising.
Since co-founding Pioneer in 2009, Adam and the team have acquired hundreds of bankruptcy claims across more than 100 bankruptcy cases. Adam has been quoted in the Wall Street Journal, Bloomberg, Forbes, New York Post, New York Daily News, Philadelphia Inquirer and Turnarounds & Workouts magazine. Adam, representing Pioneer, has served on the Unsecured Creditors Committee of Phoenix Heliparts (Chair) and MSR Resort as well as the Plan Trust Advisory Board of Partsearch Technologies. He graduated from the University of Pennsylvania’s Wharton School with a B.S. Economics, magna cum laude and an MBA. Adam held Series 7 and 63 securities licenses from the Financial Industry Regulatory Authority (FINRA) during his employment at various investment banks.