Fred Fellows is the founder and managing principal of Basalt Capital LLC, a private investment firm based in Palm Beach, Florida. With over 35 years of experience in commercial real estate and structured finance, Mr. Fellows has established a reputation for his expertise in complex transactions and capital markets. Throughout his career, Mr. Fellows has held executive positions at prominent firms including CB Richard Ellis, Nomura Securities, Cargan Capital, and Southwest Securities. At Nomura Securities International in New York City, he was instrumental in managing $20 billion of new issue commercial mortgage-backed securities (CMBS) and trading $10 billion in CMBS. In 1999, he founded Cargan Capital, securing $250 million in sponsorship for a fund targeting high-yield CMBS investments. His strategic approach led to returns exceeding 21% for investors, surpassing the initial target of 18%. At Basalt Capital, Mr. Fellows continues to focus on commercial real estate equity portfolio, leveraging proprietary underwriting models and a vast network of industry relationships. His investment portfolio spans various sectors, including private equity, healthcare, and commercial real estate. Notable investments include Recovery Ways, Grace Management, Thrive Pet Healthcare, and PetCure Oncology.