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DISTRESSED ASSET INVESTORS

3550 Engineering Drive  |  Suite 220  |  Peachtree Corners, Georgia 30092  |  (877) 681-6730

STRATEGIES
Chess Board

Target Criteria & Investment Strategies

Portfolios

Distressed

commercial & consumer receivables and mortgages

Remnant Assets

Liquidation of financial services or special lending companies, remnant assets of bankrupt or insolvent companies

Real-Estate

Distressed residential lots, commercial tracts, undeveloped land

Medical & Legal

Performing and non-performing Plaintiff advances, medical liens

Titan and its management team invest in distressed financial services companies and related assets, including the following:

About Us
Meeting Room

About Us

Titan purchases distressed financial assets from insolvent and bankrupt companies.

 

We routinely work with Receivers, Bankruptcy Trustees, Plan Administrators and Lender/Investor Groups to monetize residual assets for the benefit of investors and creditors. Titan can also facilitate the final liquidation of receiver and bank trustee assets.

We purchase:

  • Performing and non-performing commercial and consumer receivables

  • Non-performing judgments of all types

  • Ponzi scheme ‘Net Winner’ claw-back claims

  • Claims for fraudulent conveyance of company assets

  • Viatical settlements

  • Owner and debtor personal guarantees

  • Other lingering claims and awards

  • Non-paying commercial receivables

  • Distressed mortgages and HELOCs

  • Distressed residential lots and real-estate

  • Performing and uncollectible plaintiff cash advances and medical liens

HISTORY
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Investment History

Established in 2018, Titan's management team has been together for over two decades and has over 60 years of combined experience in distressed asset investing and are respected industry leaders.

Prior to Titan, the management team established, operated, and sold two consumer debt purchasing and collection companies: Worldwide Asset Purchasing and Galaxy Asset Purchasing.
 

  • Worldwide was founded in 2000 and quickly grew to one of the top 5 companies in the debt buying industry, spending an average of $150 million annually to purchase non-performing consumer obligations, and employing 900. The company was sold in 2004, returning over $150 million to the investor group.
     

  • Galaxy was formed in 2007 to purchase distressed commercial and consumer receivables in the U.S. and Mexico. The company quickly established a leading position in the market, employing 275. The company was successfully sold in 2018 and generated $70 million to the investors.

Most recently, Titan was engaged by an investor group to assume control of a failed specialty lending company. After taking inventory of the portfolio and assessing market value, Titan successfully liquidated over $250 million for the investors through a combination of asset sales and Titan's purchase of the residual assets.

TEAM
Businessmen

Our Team

Tye Hanna

 

CEO/President of Titan Asset Management

    - co-founded in October of 2018

From June 2007 – 2018, Mr. Hanna was the CEO/President of Galaxy Asset Management, which he co-founded in October 2007 and subsequently sold in 2018.

Prior to Galaxy, Mr. Hanna joined the Worldwide companies in 1998 as VP, Operations for Worldwide Capital. By 2001 he became the President of Worldwide Asset Management, LLC (WAM) and National Asset Management Enterprises, Inc. (NAM). WAM was a start-up operation focused on collection and debt purchasing.

 

Under Mr. Hanna’s leadership, WAM grew to over 900 employees and revenues in excess of $100 million, all within 3 years. In 2004 WAM and NAM were sold to West Corporation and Mr. Hanna assumed the role of EVP, Debt Purchasing for West Asset Management.

Prior to joining the "Worldwide Companies", Mr. Hanna was employed by Cox Enterprises (1991-1998) as the Director of Financial Reporting and Assistant Controller for Cox Radio. He was responsible for financial reporting, accounting, and acquisition due diligence.

Upon graduating from college, Mr. Hanna was a senior auditor with Ernst & Young (1988-1991) focusing on small to medium business operations.

 

Mr. Hanna is an honors graduate of the University of Florida’s Fisher School of Accounting and is a Certified Public Accountant.

Ken Hurt

 

CFO/Corporate Counsel/EVP of Titan Asset Management

    - co-founded in October of 2018 with Mr. Hanna

In October 2007, Mr. Hurt co-founded Galaxy Asset Management, LLC (GAM) with Mr. Hanna and assumed the role of Executive Vice President and CFO. The agency focused on the purchase of distressed consumer debt. GAM was sold in 2018.

From 2004–2006 he was the CFO of West Asset Management, LLC.

Prior to West, in 1999, Mr. Hurt joined the Worldwide group of companies and became CFO of Worldwide Asset Management (WAM) and National Asset Management (NAM) in 2001. WAM and NAM were purchased by West Corporation for $190 million.

Before his involvement with WAM, NAM, West, Galaxy, and Titan, Mr. Hurt worked in public accounting for 14 years with Deloitte & Touche and Ernst & Young. His concentration was on taxation matters and merger/acquisition transactions.

Mr. Hurt is an honors graduate of Georgia State University with a bachelor and masters degree in accounting.

 

Mr. Hurt is a J.D. honors graduate of the Mercer School of Law and has an LLM in Taxation from Emory University School of Law.

 

Mr. Hurt is also a Certified Public Accountant, Chartered Financial Analyst, and a member of the State Bar of Georgia.

Donald Hilbert

 

Titan Asset Management – Vice President Business Development

 

Mr. Hilbert has over 30 years of experience in finance and investment banking, including a focus on M&A and capital raise transactions for companies in the specialty finance and financial services industries.

 

From September 2019 through April 2021, Mr. Hilbert was a Managing Director at Heritage Global Capital, a subsidiary of a publicly traded company that offers specialty financing programs in the accounts receivable management industry. Mr. Hilbert, one of the founding executives of the division, was responsible for accounting and financial reporting, treasury management, prospect due diligence and portfolio oversight.

 

During 2007 through 2015, Mr. Hilbert served as the CFO for Flock Financial, a specialty finance company he was instrumental in creating. The company, capitalized with $50 million in private equity and commercial debt, provides capital for the subprime consumer finance markets as well as for debt buyers of distressed and subprime consumer credit obligations. Mr. Hilbert sold his interest in the company in March 2015.

 

Prior to creating Flock Financial, Mr. Hilbert was the VP of Corporate Development for Worldwide Asset Management for 3 years. Worldwide, one of the 5 largest private purchasers of distressed assets, was sold to West Corp. in 2004.  Mr. Hilbert has held senior financial roles in various companies as VP of Finance and Controller for two start-up entities and a publicly traded company. Mr. Hilbert also has a substantial background in M&A, serving as the lead executive for acquisition and divestiture activities of BellSouth Corp. 

 

Mr. Hilbert began his career as a CPA with Arthur Andersen as an Audit Manager in 1984 through 1992. He graduated in 1984 with a BS degree in Accounting from George Washington University

CONTACT

Contact Us

3550 Engineering Drive

Suite 220

Peachtree Corners, GA 30092

 

Tel: 877-681-6730

Thank you for reaching out!

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