Our goal is simple—focus on results. Fundamental Income was founded to identify and create investment strategies rooted in solid, understandable fundamentals that are expected to generate sustainable income with predictable growth. The firm’s principals have extensive experience in net lease real estate, capital markets and credit opportunities.
The Company created its inaugural index, the Fundamental Income Net Lease Real Estate Index (NNNLSCTR) calculated by NASDAQ, to help define and track the rapidly expanding publicly-traded Net Lease Real Estate sector. Fundamental Income is the Index Provider to the NETLease Corporate Real Estate ETF, (NYSEArca: NETL), launched by Exchange Traded Concepts.
Chris Burbach, CFA
Co-Founder and Partner
Chris Burbach is a Co-Founder and Partner of Fundamental Income. Prior to the founding of Fundamental Income, Chris served as Executive Vice President, Underwriting for STORE Capital Corporation (NYSE: STOR) from February 2012 to February 2019. He led the underwriting of approximately $12 billion of net lease investments including over $7.5 billion in closed transactions. Chris served as a member of the Investment Committee and was Chairman of the Investment Committee from October 2017 to February 2019. In addition to his investment and management responsibilities, Chris jointly led numerous aspects of STORE’s capital markets activities including corporate capital strategy, corporate credit ratings, the issuance of $725 million in investment grade corporate unsecured notes and the issuance of over $2 billion in asset backed notes including A+ and AAA-rated notes.
Prior to joining STORE, Mr. Burbach served in numerous capacities at Spirit Finance Corporation from February 2006 to January 2012, including most recently as Vice President of Investment Management, responsible for managing the investments of the company’s $3.5 billion real estate portfolio. Mr. Burbach also managed the Underwriting group at Spirit. Prior to Spirit, Mr. Burbach served as Chief Executive Officer of VM Management, Inc., which owned a for-profit private school and managed a non-profit charter school in Phoenix, Arizona. He also was a consultant with Navigant Consulting, Inc. in San Francisco, engaged in financial consulting for the construction and government industries groups. Mr. Burbach received a B.S. degree in Finance from Santa Clara University and an M.B.A. degree from Arizona State University. He is also a CFA® charterholder.
Co-Founder and Partner
Alexi Panagiotakopoulos is a Co-Founder and Partner of Fundamental Income. He previously served as Managing Director, Strategic Initiatives for SMS Financial—a private distressed debt firm and joint venture partner of the FDIC founded in 1993. Over his 5-year tenure, Alexi was instrumental in the acquisition, recovery and servicing of over $940 million of commercial debt across all asset classes. He also jointly managed all aspects of new business development, acquisitions and dispositions, revenue partnerships, capital placement opportunities, portfolio management and underwriting.
Prior to joining SMS Financial, Alexi specialized in underwriting at STORE Capital, a publicly listed REIT (NYSE: STOR), which focuses on the acquisition and leaseback of single tenant operational real estate on a net-lease basis. Alexi has an extensive background in sourcing, credit analysis, underwriting and real estate finance, with over $1.5 billion of transaction experience. Alexi Panagiotakopoulos received his Bachelor of Science Degree in Finance, Magna Cum Laude, from the W.P. Carey School of Business at Arizona State University.
Hayleigh Crawford joined Fundamental Income in October of 2019. In her role as Vice President, Ms. Crawford is responsible maintaining operations, implementing and overseeing the firm’s corporate strategy, process and procedures, personnel, strategic initiatives and partnerships. A licensed attorney, she practiced complex civil and appellate litigation for several years before joining the Fundamental Income team. Hayleigh has represented a wide variety of clients in State and federal litigation, arbitrations, internal investigations, and governmental and regulatory matters, with a particular focus on public pension issues. She has written extensively about Arizona pension law, and the Arizona Supreme Court (Bolick, J.) recently cited her article, Going for Broke: Arizona’s Public Pension Crisis, in a published opinion. Outside of the office, Hayleigh sits on the Camelback East Village Planning Committee for the City of Phoenix and serves on the Board of the Florence Immigrant & Refugee Rights Project.
Before embarking on her legal career, Hayleigh worked as a registered financial advisor for Merrill Lynch and spent several years training horses professionally. She earned her B.A. with High Honors from the University of Texas at Austin and her J.D. summa cum laude from the Sandra Day O’Connor College of Law at Arizona State University.
Taylor Brown joined Fundamental Income in September of 2019. As Vice President, Mr. Brown is responsible for identifying, developing and managing strategy distribution and investor relationships, including Registered Investment Advisors, Wire Houses, Independent Broker Dealers, Family Offices, Pensions, Endowments, and Bank and Trusts.
Prior to joining Fundamental Income, Taylor served as Vice President and specialized in wholesaling various public and private real estate funds for CIM Group, a multi-billion dollar asset manager. Over the past 5-years, Taylor has been recognized as a Top Producer and a part of the Top Sales team in 2016, 2017 and 2018. Mr. Brown began his career at Charles Schwab managing High Net Worth clients. Taylor earned his Bachelor of Science Degree in Business Administration from the University of Nebraska-Lincoln and is currently working towards his M.B.A. from The W.P. Carey School of Business at Arizona State University. Taylor holds both Series 7 and Series 63 licenses.