Alta Fundamental Advisers LLC

Established in January 2013, Alta Fundamental Advisers is a New York-based, event-driven hedge fund manager founded by Jeremy Carton and Gilbert Li, both former analysts at JMB Capital. The firm offers discretionary investment advisory services to both U.S. and international clients, including private investment funds and separately managed accounts.

Alta Fundamental's primary objective is to deliver returns exceeding the risk-free rate, regardless of broader market conditions in loan, debt, and equity markets. The firm achieves this by identifying and allocating capital to global investment opportunities that exhibit intrinsic value coupled with a catalyst to unlock that value.

Jeremy Carton

Mr. Carton specializes in structuring transactions and investing in value-oriented, special situations, and event-driven opportunities across the capital structure, with extensive experience in distressed investing, litigation, and liquidations. From 2006 to 2013, he was a Senior Analyst and Managing Director at JMB Capital Partners, focusing on credit and event-driven equity investments. Prior to that, he was a Senior Analyst at Mellon HBV Alternative Strategies (2001–2006), managing investments for the firm's U.S. event-driven fund. Carton graduated with honors from Brown University, earning a B.A. in Organizational Behavior and Management and Public Policy.

Gilbert Li

Co-Founder and Managing Partner of Alta Fundamental Advisers, a private investment firm specializing in value-oriented strategies across the capital structure. Previously served as an investment analyst at JMB Capital Partners and held roles as a portfolio manager, trader, and investment analyst at Merrill Lynch, Watershed Asset Management, and J.P. Morgan Investment Management.

Graduated from the University of California, Berkeley, with degrees in Chemical Engineering and Materials Science Engineering.

Letters

Milestone Pharmaceuticals Inc. - 9-Nov-2023

Companies with fund stakes involved in activist actions such as 13D filing(s) or proxy campaign(s).