Raves, Debt and Deaths: How a Wall Streeter Came to Own New York’s Biggest Club

Andrew Axelrod realized that the $40 million he had backing the Brooklyn Mirage was going south when the club’s founder disappeared without a trace. Representational image. Axelrod, a 42-year-old fund manager who cut his teeth in Wall Street’s distressed-debt markets, believes live events are a cash cow of our times. He isn’t alone. Private-equity firms … Read more