Mr. Passalacqua joined Axonic Capital’s investment team in 2025 focusing on residential mortgage-backed securities (RMBS). Mr. Passalacqua interned at Axonic on the RMBS and ABS desk in early 2025 before returning for a full-time role later that year. He graduated from Columbia University’s School of Engineering and Applied Science with a B.S. in Operations Research: Analytics, where he was a two-time captain of the varsity football team and named a First-Team Academic All-American. He also competed on the varsity track and field team.
In an interview with Institutional Real Estate, Inc., Axonic Capital Partner and Head of Commercial Real Estate James Jordan discussed how private lenders are filling the funding gap left by regional banks and why Axonic’s opportunistic strategy is designed for this moment. With traditional credit sources constrained, borrowers are seeking flexible capital partners who can […]
Peter Cecchini, Head of Research at Axonic Capital, joined CNBC’s Closing Bell on June 17 to share his perspective on market conditions, Fed policy and opportunities in private credit. While recent U.S. economic data has held up, Cecchini pointed to weakening regional manufacturing surveys and a rise in continuing jobless claims as signs that […]
Investors may be underestimating a coming slowdown, Axonic’s Head of Research, Peter Cecchini, told Bloomberg Real Yield. High-yield spreads near 350 bps imply future defaults of roughly 3.5%, yet the trailing 12-month rate, once PIK restructurings are taken into account, is closer to 4.5%. In Cecchini’s view, that gap signals a market still priced […]
In a Wall Street Journal article by Matt Wirz, Axonic Capital’s Co-CIO Matt Weinstein commented on the long-term impact of distressed office assets on the commercial real estate market. Weinstein referred to a high-profile Chicago office tower, abandoned by its former owner and now struggling with tenant losses, as “effectively offline,” a status he believes […]
In an exclusive interview with Alternatives Watch, Axonic Capital Partner and Co-CIO Matt Weinstein described the current commercial real estate environment as a “generational opportunity” for experienced investors. The article highlights the firm’s recent integration of Taconic Capital’s senior real estate team and outlines how Axonic is positioning across the capital structure to capitalize on […]