David O'Connor

Functions as a closed-end investment fund or Investment trust

FEAC uses fundamental credit analysis in seeking to identify investment opportunities with what they believe are attractive risk-adjusted returns, primarily through investments in privately negotiated debt and equity securities of middle-market companies. The firm employs a rigorous and disciplined underwriting and due diligence process. Responsible investment is an important component of their investment decision-making.

Provides investment management services

Acts as an Umbrella Fund

Operates as a holding company whose subsidiary provides investment management services

FEIM is a global, value-oriented investment manager that seeks to produce consistent absolute returns over the long term without regard for industry benchmarks. They conduct activist campaigns. The firm constructs well-diversified portfolios through cautious security selection with an emphasis on risk aversion. FEIM focuses on investments with a substantial margin of safety, healthy balance sheets and clear business models. They employ bottom-up security analysis that is independent of broad market conditions or industry trends and focuses on downside protection.