Brian Tortorella is a founding partner and portfolio manager of Fidelis Investors. Brian has over 23 years of experience in the investment industry. Over the past decade, Brian's team's have invested over $2.5 billion dollars in equity in various mortgage-related asset classes.
Prior to starting Fidelis, Brian managed Smith Graham's Mortgage and Real Estate Alternatives group and served as part of the management committee of the firm. As Head of Mortgage and Real Estate Debt Alternatives, he was responsible for management and oversight of the NY investment team as well as the strategic vision of the business.
Prior to Smith Graham, Brian started and ran the Residential Mortgage Group at Five Mile Capital Partners where over 10 years he was responsible for raising, investing, and managing capital dedicated to investment vehicles with residential mortgage exclusive strategies. Prior to Five Mile, Brian served for four years as a Director of Mortgage Trading at UBS, where he traded and asset managed a $2 Billion dollar portfolio of performing and distressed whole loans, bonds, and residuals.
Brian spent five years at Goldman Sachs in the Principal Finance Group, where he was responsible for the asset and servicer management of a $1B nonperforming loan portfolio, following two years in the Controllers area.
Brian began his career in 1997 at Ernst and Young LLP where he was responsible for auditing financial services firms. Brian earned a B.S. in Accounting from Villanova University and is a Certified Public Accountant (CPA).
Michael Tessitore is a founding partner and portfolio manager of Fidelis Investors. Michael has 18 years experience in the investment industry creating and managing investment strategies at investment banks and private equity firms.
Prior to starting Fidelis, Michael worked at Smith Graham Investment Advisors as the Senior Vice President and Portfolio Manager for Smith Grahams mortgage and real estate debt alternative platform. There he was responsible for the oversight of the group's investment strategies.
Prior to joining Smith Graham, he served as an Executive Director at Five Mile Capital Partners, an alternative investment and asset management company. At Five Mile, Michael was directly responsible for the day to day oversight of the residential funds. During his tenure at Five Mile, the team successfully invested in over $1 Billion of Whole Loans, Bridge Loans, and RMBS.
Michael started his career at UBS, where he served as an Associate Director in the Mortgage and Asset-Backed Trading group. At UBS, he traded and asset managed a $2.5B distressed whole loan and securities business. At UBS Michael’s primary responsibilities included analytics and pricing of whole loan pools as well as the oversight of the servicing and asset management of the scratch and dent and NPL business.
Michael holds a B.S .in Finance from Villanova University.