Andrew Herenstein

Co-Founder, Co-Portfolio Manager

Andrew is Co-Founder and Co-Portfolio Manager for Monarch. Prior to founding Monarch in March 2002, Andrew was a Director of Lazard and served as Co-Portfolio Manager of the Lazard Debt Recovery Funds. Andrew joined Lazard in 1992 and became widely known for his work on large and complex credits. Prior to joining Lazard, Andrew specialized in distressed credit analysis at The Delaware Bay Co., Inc., an early specialist in the field of distressed debt investing. Prior to that, he worked at Brean, Murray, Foster Securities. Andrew began his career at Bear Stearns in 1986 as Assistant to the Chief Operating Officer. Andrew serves on the board of Claire's and Shopko Optical. In addition, he serves on the Board of Trustees as well as the Finance and Investment Committees of Yeshiva University. Andrew graduated from Yeshiva University with a B.A. in Economics and from Columbia University with an M.B.A.