Crafting Value in Complex Markets

Specializing in Transforming Non-Performing Loans into Strategic Opportunities

WHO WE ARE

Fitzroy Capital is a pioneering investment firm specializing in the European consumer non-performing loan (NPL) market. Founded on a bedrock of extensive experience and unparalleled expertise, our team is committed to unlocking the potential of NPL investments for our investors.

Anders Engdah

Co-founder

  • Anders Engdahl is a seasoned NPL investment and servicing executive with over 25 years financial services experience
  • Until Aug 2022, CEO of Intrum AB, Europe’s largest debt purchaser where he spent in total eight years in several roles including CEO, CFO and CIO
  • In aggregate over €5bn invested in European NPLs since 2014 across>1,000 portfolios across 24 countries
  • Prior to joining Intrum, Anders was Managing Director at Morgan Stanley’s Financial Institutions Group.
  • Anders started his career with Goldman Sachs in London in 1997
  • Anders graduated with an M.Sc. In Economics and Managerial Finance from the Stockholm School of Economics

Frode Foss-Skiftesvik

Co-founder

  • Frode has 35 years of experience in the alternative investment management industry and banking
  • In 2002, he co-founded Finisterre Capital and as CEO grew it into a multi-product firm with over $3.5 billion under management
  • He led the firm through several transformative transactions, including the sale of a majority stake to Principal Financial Group (NYSE: PFG)
  • In 1998, Frode co-founded DePfa Investment Bank and served as the inaugural CEO and Investment Committee member until the partners sold their 40% stake
  • Frode holds a BA in Business Organisation from Heriot-Watt University and an MBA from Thunderbird School of Global Management.

Our Approach

Our approach is characterized by thorough analysis, strategic foresight, and an unwavering commitment to our investors’ interests. We pride ourselves on our ability to navigate the complexities of the NPL market, ensuring that our investment strategies are not only profitable but also sustainable and responsible.

Investment Strategy

Increasing borrowing costs and refinancing challenges for debt purchasers is reducing demand and, consequently, underwriting returns for new portfolios sold has adjusted upwards.
Fitzroy Capital adopts a sophisticated and disciplined approach to investing in the European non-performing loan (NPL) market. Our strategy is built on a foundation of deep market knowledge, rigorous analysis, and a commitment to ethical investing.

Key Pillars of Our Strategy

In-Depth Market Analysis

Leveraging our extensive network and profound market insights, we meticulously analyze trends, risks, and opportunities in the European NPL landscape. This approach allows us to identify undervalued assets with significant upside potential.

Diversification

We diversify our investment portfolio across various European markets and sectors. This strategy not only spreads risk but also allows us to capitalize on unique opportunities in different economic climates and regulatory environments.

Technology-Driven Approach

Employing cutting-edge technology and data analytics, we enhance our decision-making process, improve operational efficiency, and stay ahead in a rapidly evolving market.

Ethical and Sustainable Investing

We prioritize investments that not only yield high returns but also adhere to our strict ethical standards. We believe in creating a positive social impact, particularly in how we manage interactions with defaulted borrowers.

Active Asset Management

Our team actively manages NPL assets through hands-on involvement, leveraging our expertise to enhance value and expedite resolutions.

Contact us

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