Gilbert Li

Founder at

Alta Fundamental Advisers LLC

48 year

64 connections

Finance

Process Industries

Consumer Services

Profile

Gilbert Li is the founder of Alta Fundamental Advisers LLC, founded in 2013, serving as Managing Member since 2013.
Former jobs include Independent Director at Arq, Inc. from 2016 to 2025; Principal at Merrill Lynch, Pierce, Fenner & Smith, Inc. from 2006 to 2009; Portfolio Manager at Watershed Asset Management LLC; Portfolio Manager at J.P.
Morgan Investment Management Ltd.; and Member-Managers Board at Tinuum Group LLC from 2018 to 2021.
Education includes undergraduate studies at the University of California, Berkeley.

Gilbert Li active positions

Companies	Position	Start
Alta Fundamental Advisers LLC Alta Fundamental Advisers LLC Investment ManagersFinance AFA aims to achieve returns that exceed the risk-free rate of return regardless of overall conditions in the broader loan, debt and equity markets. The firm seeks to achieve their investment objective primarily by identifying and committing capital to global investment opportunities that possess both intrinsic value and a catalyst to unlock that value. AFA employs a fundamental, research-driven investment approach.	Founder	2012-12-31

All active positions of Gilbert Li

Former positions of Gilbert Li

Companies	Position	End
ARQ, INC.	Director/Board Member	2025-06-02
Tinuum Group LLC Tinuum Group LLC Industrial SpecialtiesProcess Industries Manufactures and refines coal products	Corporate Officer/Principal	2021-04-30
Merrill Lynch, Pierce, Fenner & Smith, Inc. /Old/ Merrill Lynch, Pierce, Fenner & Smith, Inc. /Old/ Investment Banks/BrokersFinance Provides brokerage services	Corporate Officer/Principal	2009-03-31
J.P. Morgan Investment Management Ltd. J.P. Morgan Investment Management Ltd. Investment ManagersFinance Provides investment management services	Corporate Officer/Principal	-
Watershed Asset Management LLC Watershed Asset Management LLC Investment ManagersFinance Watershed Asset Management seeks to earn attractive, risk-adjusted absolute returns over time by investing in value-oriented and event-driven debt and equity securities while emphasizing current income and capital preservation. They believe the most attractive risk-adjusted investment opportunities throughout market cycles are found in industries, companies and assets affected by secular and/or cyclical change. The firm’s research and investment process is focused on identifying these inefficiencies, in which securities and interests are often misunderstood and mispriced. Watershed invests in a broad range of marketable debt and equity securities in US and non-US developed markets including corporate debt, mortgage-backed and corporate structured credit, convertible debt, municipal debt, sovereign debt, credit and equity derivatives, trade claims and equities.	Corporate Officer/Principal	-

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Linked companies

Private companies	7
Merrill Lynch, Pierce, Fenner & Smith, Inc. /Old/ Merrill Lynch, Pierce, Fenner & Smith, Inc. /Old/ Investment Banks/BrokersFinance Provides brokerage services	Finance
Arq, Inc. Arq, Inc. Chemicals: Major DiversifiedProcess Industries Manufactures and sells activated carbons and chemicals	Process Industries
Watershed Asset Management LLC Watershed Asset Management LLC Investment ManagersFinance Watershed Asset Management seeks to earn attractive, risk-adjusted absolute returns over time by investing in value-oriented and event-driven debt and equity securities while emphasizing current income and capital preservation. They believe the most attractive risk-adjusted investment opportunities throughout market cycles are found in industries, companies and assets affected by secular and/or cyclical change. The firm’s research and investment process is focused on identifying these inefficiencies, in which securities and interests are often misunderstood and mispriced. Watershed invests in a broad range of marketable debt and equity securities in US and non-US developed markets including corporate debt, mortgage-backed and corporate structured credit, convertible debt, municipal debt, sovereign debt, credit and equity derivatives, trade claims and equities.	Finance
University of California, Berkeley University of California, Berkeley Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
J.P. Morgan Investment Management Ltd. J.P. Morgan Investment Management Ltd. Investment ManagersFinance Provides investment management services	Finance
Tinuum Group LLC Tinuum Group LLC Industrial SpecialtiesProcess Industries Manufactures and refines coal products	Process Industries
Alta Fundamental Advisers LLC Alta Fundamental Advisers LLC Investment ManagersFinance AFA aims to achieve returns that exceed the risk-free rate of return regardless of overall conditions in the broader loan, debt and equity markets. The firm seeks to achieve their investment objective primarily by identifying and committing capital to global investment opportunities that possess both intrinsic value and a catalyst to unlock that value. AFA employs a fundamental, research-driven investment approach.	Finance

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