We Are Pioneer Funding Group –
Bankruptcy Claim Buyers
Pioneer Funding Group, LLC is an investment firm founded in 2009 that provides creditors with cash for their Chapter 11 and 7 bankruptcy claims. We purchase trade invoices, mechanics liens, lease and executory contract rejection claims, mortgage and promissory notes, and other types of bankruptcy claims.
Adam D. Stein-Sapir, Co-Managing Partner
Adam has over 15 years of experience on Wall Street. He has participated as sole lead manager on over $3 billion in capital raised. Adam started his career in the leveraged finance group of investment bank CIBC World Markets. At CIBC he advised companies and private equity sponsors on M&A, LBOs and restructurings and focused on debt and equity capital raising. Notable transactions include the first ever U.S. Income Trust offering for Centerplate. Following CIBC, Adam was a member of Fortress Investment Group's direct lending team.
Since co-founding Pioneer in 2009 Adam and the team have acquired hundreds of bankruptcy claims across more than 100 bankruptcy cases. Adam, representing Pioneer, has served on the Unsecured Creditors Committee of Phoenix Heliparts (Chair) and MSR Resort as well as the Plan Trust Advisory Board of Partsearch Technologies. Adam has been quoted in the New York Post, New York Daily News, Philadelphia Inquirer, Turnarounds & Workouts magazine and he is a contributor to Commercial Bankruptcy Investor. Adam graduated from the University of Pennsylvania's Wharton School with a B.S. Economics, magna cum laude and an MBA. Adam held Series 7 and 63 securities licenses from the Financial Industry Regulatory Authority (FINRA) during his employment at various investment banks.