Fitzgerald Debt Acquisitions, LLC has yet again expanded its business strategy to assist private investment funds which seek to participate in the debt sales and collections marketplaces. The team at the Fitzgerald is partnering with various funding sources to further increase profitability and market share in the debt marketplace.
President Jeffrey Hartman states, “We have formed Fitzgerald Equity Partners, LLC to bring our years of debt management expertise to the people with significant investment ability who desire to enter the debt purchasing arena. We have been successful in managing our own portfolios, and are offering that service to those who want to purchase debt, but need an experienced hand to guide them with the collections process.”
The distressed debt investment space has become increasingly attractive for individual investors and institutions over the past few years, and consumer receivables are additional credit products that can provide substantial returns and diversification to a distressed debt portfolio.
“Private investment firms are continuing to search out new avenues of profitability in an increasingly volatile marketplace, and the paltry returns on government investments and risky nature of the stock market make the debt sales marketplace attractive. Investors are looking for more avenues of diversity for their funds, and the opportunities in the debt marketplace provide excellent profit margins.”
Jeffrey Hartman has partnered up with Richard Turano to help manage Fitzgerald Equity Partners, LLC. Richard Turano explains, “With distressed consumer debt prices on the rise, it’s essential that investors obtain the right prices when making debt purchases. Strong synergies between Fitzgerald Debt Acquisitions and Fitzgerald Equity Partners enable us to consult investors on the entire debt buying cycle from the initial purchase, to the collection process and back-end resale.” Richard Turano is a debt buyer and practicing attorney with a law firm in northern New Jersey.
Fitzgerald Debt Acquisitions is a national broker and seller of consumer, commercial, real estate, and other debt portfolios.
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