Academic Insight.

Market Expertise.

Borrower-Centered Solutions.

Cartwright & Cheng FX Swap Consulting was founded to bring an elite financial tool, long used by global corporations and banks, into the hands of middle-market borrowers.

Our role is Threefold

We operate independently, with no conflicts of interest. Our mission is to help borrowers unlock lower rates and preserve value when it matters most.

  • We demystify swaps for borrowers and brokers.

  • We provide quantitative clarity and scenario analysis.

  • We tailor approaches to borrower goals, from cost savings to long-term stability.

Meet the Team

Alex and Wen bring both macroeconomic insight and quantitative analysis—helping borrowers lower their borrowing costs while keeping foreign exchange risk under control.


  • Founder

    Alex is an economist and real estate developer with a background spanning academia and large-scale investment projects.

    A former economics professor and department chair, his research and teaching explored global markets, growth, and international business.

    As founder of HotelSHIFT, he has led multiple hotel-to-apartment conversions nationwide, bringing together economic insight and hands-on development experience to create innovative housing solutions.


  • Founder

    Wen is a quantitative analyst and real estate investor with a decade in hedge funds and capital markets.

    He built trading platforms and risk models for mortgage-backed securities before co-founding HotelSHIFT Capital, where he now leads underwriting, analysis, and operations across hotel-to-apartment conversions.

    With a Ph.D. in Statistics, he applies deep quantitative expertise to structuring and evaluating real estate opportunities that address borrower needs in a shifting financial landscape.