Fiduciary Oversight Services
Murray Analytics professionals have been selected to serve in a variety of fiduciary capacities, including court-appointed monitorships or receiverships, independent directorships, oversight of liquidating/litigation trusts, interim management, or as advisor to a trustee or receiver. Our cross-disciplinary capabilities uniquely position us to add value as a fiduciary. Marti P. Murray is a full member of the National Association of Federal Equity Receivers (NAFER).
Selected Fiduciary Oversight Case Studies
atlantic asset management
Appointed by Hon. William H. Pauley III, United States District Court, Southern District of New York, as Independent Monitor and subsequently Receiver of Atlantic Asset Management, a registered investment advisor with approximately $1.4bn in assets under management specializing in fixed income investment strategies.
AAM is the subject of an SEC enforcement action alleging fraud.
Oversaw and actively managed AAM, including winding down the firm and multiple investment vehicles, valuing esoteric investments, and pursuing causes of action to benefit the estate
Evaluated and pursued recovery actions and asset dispositions
Coordinated activities with firm clients, service providers, and sub-advisers
Served as a co-proponent with the SEC for a proposed Plan of Distribution
Nominated by Brigade Capital to serve on the Board of Directors of PIMCO Income Strategy Fund and PIMCO Income Strategy Fund II, where Brigade held an investment in Auction-Rate Preferred Stock
Recommended by Institutional Shareholder Services, Inc. (ISS) and elected to the boards of both funds
People's choice tv corp.
Selected by a leading private equity firm to manage an investment that they were required to divest for regulatory reasons
Successfully sold the asset, which had no ascribed value, for approximately $15mm