Igor Zaks sat with Joseph Sarachek for a webcast “The Turnaround Take”. We discussed some recent cases like Carriox / HPS and First Brands, the role and approaches to due diligence and structuring, and opportunities in the space for distressed investors. We also had a detailed discussion about the Software industry, the impact of AI, and the resulting valuation and… Read More »The Turnaround Take Webcast with Igor Zaks
We are pleased to share that Igor Zaks, CFA, President of Tenzor Ltd., was recently quoted by The Wall Street Journal in its in-depth investigation into one of the most striking private credit fraud cases in recent memory: “How Fake Invoices Duped BlackRock Unit Into a $400 Million Loan.” The article details how HPS Investment Partners, acquired by BlackRock in… Read More »Igor Zaks Quoted in Wall Street Journal on Invoice Fraud
Igor Zaks , CFA, President of Tenzor Ltd, was quoted by 9fin, a debt market intelligence publication. The article “The Year of the Cockroach” examines recent financial scandals, such as First Brands, Tricolor, Stenn and others and their implications for the industry. Specific quotes from Igor: “In my view invoice financing is very good market, with attractive yields if it’s… Read More »The Year of the Cockroach: Financial Scandals and Industry Impacts
Igor Zaks , CFA, President of Tenzor Ltd was quoted by Bloomberg’s CFO Briefing about Factoring and Supply Chain Finance implications of First Brands Bankruptcy:“”I don’t see anything fundamentally wrong with the product, if it is used and disclosed correctly,” said Igor Zaks, president of Tenzor, a firm that advises clients on working capital issues. “What I see is people… Read More »Igor Zaks quoted by Bloomberg about First Brands
Igor Zaks , CFA, President of Tenzor Ltd, published an article, First Brands bankruptcy – implications on trade credit insurance at BCR News, a leading receivables and trade finance publication After several years of strong results, trade credit insurance — a cornerstone of receivables finance — is entering a more complex phase. The recent bankruptcy of US auto-parts manufacturer First… Read More »First Brands bankruptcy – implications on trade credit insurance
Igor Zaks , CFA, President of Tenzor Ltd, published an article How embedded finance is reshaping supply chains amid tariff pressures in TRF News by BCR Publishing. How embedded finance is reshaping supply chains amid tariff pressures Introduction: Tariffs, Trade Disruption, and the Rise of Embedded FinanceTariffs are redefining the global trade landscape — increasing costs, disrupting supplier networks, and… Read More »How embedded finance is reshaping supply chains amid tariff pressures
Igor Zaks , CFA, President of Tenzor Ltd., and Co-Founder of 40Seas joined a virtual event as part of the AI, Analytics, and the Future of Work Initiative at the Georgetown University McDonough School of Business. The event was titled Revolutionizing Cross-Border Payments and Trade Financing. It was introduced by Alberto Rossi, Director of the AI, Analytics, and the Future… Read More »Revolutionizing Cross-Border Payments and Trade Financing -Igor Zaks
Igor Zaks , CFA, President of Tenzor Ltd., and Co-Founder of 40Seas, published an article, Receivable Finance technology- core considerations for a platform
Igor Zaks , President of Tenzor Ltd., and Co-Founder of 40Seas, published an article, Fintech in Receivables Finance: Strategic Positioning & Cooperation, in the World Factoring Yearbook 2024, which is available to purchase at the following link: https://bcrpub.com/world-factoring-yearbook-2024 In my first corporate job (I moved there from banking), I got a great pitch from one of the major banks that… Read More »Fintech in Receivables Finance: Strategic Positioning & Cooperation By Igor Zaks
Igor Zaks , President of Tenzor Ltd., published an article, Factoring and Credit Insurance – Strategic Fit. The article was part of the World Factoring Yearbook 2022 by BCR Publishing.