NEW YORK, May 7, 2026 /PRNewswire/ -- Axar Capital ("Axar" or the "Firm"), an opportunistic credit investor focused on the U.S. middle market, today announced the appointment of David Brisske as Co-Managing Partner, expanding the Firm's leadership team. Based in the firm's New York office, Brisske will report to Andrew Axelrod, CEO, and work closely with Grant Mitchell, Co-Managing Partner and Deputy Chief Investment Officer, in overseeing the firm's day-to-day activities.