in Finance from Concordia University in Montreal, Canada and an International M.B.A. with Honors from IE Business School in Madrid, Spain. investment professionals who possess deep knowledge of special Mr. Jinich serves on the Board of Directors of BioMatrix and IWP (Chairman), each ACON fund portfolio companies. Funds. He currently serves on the board of Lindblad Expeditions Holdings Inc. (NASDAQ:LIND). Financial terms of the transaction were not Fortress's expertise extends to pricing, owning, financing and overseeing the management of physical and financial assets ranging from real estate and capital assets to financial assets secured by diversified long-term cash flows. Prior to joining Perseus, Ms. Jolly worked at JPMorgan Partners (now known as CCMP Capital), the $15 billion direct private equity investment division of J.P. Morgan. Job Title: Management Accountant - Group and Vision Vehicles. global value, special situations and opportunistic investing across Prior to joining Fortress in April 2004, Mr. Adams was a partner at Brera Capital Partners and at Donaldson, Lufkin & Jenrette where he was the head of the transportation industry group. from UCLA. He is a licensed Certified Public Accountant in the District of Columbia and the Commonwealth of Virginia. Prior to joining ACON in 2021, Mr. Hurley was an Analyst at UBS Investment Bank, where he worked on leveraged finance transactions across a variety of industries. Prior to joining ACON in 2021, Mr. Vaish was an Associate at The Carlyle Group, where he worked on a variety of transactions involving mergers and acquisitions across a variety of different industries. Mr. Kriger has also held financial analyst positions for Brentwood Capital and First Boston. David Sandler is a Director of Treasury and Operations at ACON Investments. Teresa Y. Bernstein is the Chief Operating Officer, General Counsel and Chief Compliance Officer of ACON Investments. Prior to commencing to consult for ACON in 2021, Mr. Archila was a Corporate Finance Associate at Amfora Packaging (an ACON portfolio company), where he provided corporate finance advisory services to the group. Involuntary, Metals/Mining, Garman Turner Gordon, Kirkland & Ellis, Fox Rothschild, Wilmer Cutler Pickering Hale & Doerr LLP, GLAS USA LLC, Goldentree Asset Management LP, Alcentra Limited, Fortress Investment Group/Mount Kellett Capital Management, HIG Capital International Advisors/Bayside Capital, Sound Point Capital Management LP, Varde . He is also a CFA Charterholder. Agreement for Fortress to Co-Manage Mount Kellett Funds. She is a licensed Certified Public Accountant in Virginia. Ms. Segura is admitted to practice law in Colombia. The senior leadership of both companies have a decades-long history of working together. Prior to joining New Mountain, Mr. Porter was a Principal of Bayside Capital, the credit and special situations platform of H.I.G. in Finance from the Robert H. Smith School of Business at the University of Maryland, College Park and a B.S. Prior to that, she was a Client Relations Executive with Institutional Shareholder Services in London, where she performed annual due diligence reviews and was involved in internal risk management and day-to-day communications with Fortune 50 and 500 clients. Ms. Redburn holds a B.S. support of a global operational platform and the combined asset Pack was a Vice President with American Commercial Capital, an independent specialty finance company focused on corporate and real estate lending to middle market businesses that was subsequently acquired by Wells Fargo & Co. in 2001. Mr. Marn serves on the Board of Directors of Alsur, an ACON Southern Europe portfolio company. Able to adapt quickly and work across different businesses and sectors covered in the group. Mr. Nardone has been a member of the Management Committee of Fortress since 1998. Before joining UBS in 1997, Mr. Nardone was a principal of BlackRock Financial Management, Inc. Prior to joining Fortress in April 2004 as the Deputy General Counsel, Mr. Brooks spent nearly eight years at Cravath, Swaine & Moore LLP, where he specialized in mergers and acquisitions, capital markets transactions, including initial public offerings and high-yield debt issuances, and providing corporate governance advice to large public companies. His other former employers include Deutsche Bank and Fortress Investment Group, according to his profile. Prior to joining ACON Southern Europe Advisory, Mr. Marin was an Investment Manager at SWC. Mr. Galvo started his professional career in Merrill Lynchs Latin America Investment Banking Group in New York. Pack is also the Co-CIO of Credit & Lending Funds at Fortress. Before that, he was a Senior Consultant at the Monitor Company. He started his career with five years in investment banking at Hill Samuel and WestLB, focusing on Spain and Portugal. Fortress has considerable capital markets expertise, and has expertise in securing low-cost, low-risk financing for its investments by accessing the debt and equity capital markets. Subscribe to see more. Prior to joining Colony Capital, Ms. Isunza worked at Dalus Capital, a Mexican venture capital firm, where she was the Controller for its Mexican publicly listed vehicle known as CKD (Development Capital Certificates). Mr. McKnight received a B.A. Who is JBK Capital. Visionary Keynote Insights: Jack Dangermond, Founder and President of Esri, will deliver a keynote presentation reviewing recent applications of GIS and remote sensing and how they can help address the complex challenges the world is facing. Mr. Waida began his career at PricewaterhouseCoopers, where he worked in assurance in New York and Canada serving a range of industry-leading clientele, including private equity and hedge funds, fund of funds, mutual funds, and consumer and industrial products and services companies. Mr. Jinich received a B.A.,cum laude, in Economics from the University of Pennsylvania and an M.B.A. from the Harvard Business School. from the University of Pennsylvania Law School in Philadelphia, Pennsylvania, where she also earned the Wharton Business and Law Certificate. In the course of executing investments and operating portfolio companies, Fortress has developed a team of investment professionals with significant sector-specific expertise and relationships with leading companies, institutions and individuals worldwide. Mr. McKnight is also the Co-CIO of the Drawbridge Special Opportunities Fund, the Fortress Lending Funds and Fortress Credit Opportunities Funds. Mr. Semmler serves on the Board of Directors of Alsur, Contenur and Formacin Alcal, each ACON Southern Europe portfolio companies. Prior to founding SandsPoint Capital Advisors LLC, Kevin served as the Chief Operating Officer and Chief Financial Officer for Mount Kellett Capital Management, a $3 billion first time. Before that, Mr. Semmler was a Managing Partner at GED Capital, a Spanish mid-size private equity firm. In that position, he structured and negotiated senior and mezzanine commercial loans and acquisition facilities. Personal Finance. Prior to co-founding ACON in 1996, Mr. Aronson was International Advisor to Goldman Sachs for Latin America. Mount Kellett Capital Management is a hedge fund with 25 clients and discretionary assets under management (AUM) of $617,256,219 (Form ADV from 2022-03-31). ACONs team of investment professionals has years of investing, operating, strategy consulting and financial advisory experience. Prior to BlackRock, Ms. Thever led the North America pension and insurance distribution efforts within JPMorgan Alternative Investment Strategies. Prior to that, she was a Junior Analyst at BBVA Corporate and Investment Banking in London, in the Leveraged Finance team covering the EMEA region. Investment Officer of Mount Kellett. In addition, Mr. Brotman serves on the Board of WattBridge, a developer and operator of peaking power solutions enabling renewable energy growth. Prior to joining Fortress in November 2003, Mr. Bass spent eleven years at Deutsche Bank. institutional framework of Fortress, a global alternative asset manager Support to produce management accounts, and board packs for business across the group. Mount Kellett was set up in 2008 by former Goldman Sachs banker Mark McGoldrick, who ran Goldman's special situation group and made so much money for the bank that he was dubbed "Goldfinger".. Founded in 2008, Mount Kellett has offices in New York, Dallas, Hong Kong, London, Mumbai, and Mauritius. Prior to joining ACON in 2013, Ms. Bernstein worked at Perseus, a Washington, DC-based middle-market private equity firm, where she was also Chief Legal Officer and Chief Compliance Officer. David Menges is a Controller at ACON Investments. Andre Bhatia is a Managing Partner at ACON Investments. Fortress to become co-manager with Mount Kellett of the Mount Kellett Launched the Fortress Credit Opportunities Fund, Fortresss Initial Public Offering on the NYSE, Eurocastle Investment Limiteds Initial Public Offering on the LSE (currently listed on the Euronext Amsterdam), Launched the Drawbridge Special Opportunities Fund and the Drawbridge Global Macro Fund, Newcastle Investment Corp.s Initial Public Offering on the NYSE, Launched Fortress Brookdale Investment Fund, Copyright 2023 Fortress Investment Group LLC. Prior to joining New Mountain, he was a Principal of Bayside Capital, the credit and special situations platform of H.I.G. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Prior to 3i, he worked in the investment banking division of Bank of America Merrill Lynch, where he worked on transactions involving mergers and acquisitions as well as equity and debt issuances. Mr. Smith joined Fortress in May 1998, prior to which he worked at UBS and, before that, at BlackRock Financial Management Inc. from 1996 to 1998. Mr. Ladda received a B.A. The Version table provides details related to the release that this issue/RFE will be addressed. Prior to co-founding ACON Southern Europe Advisory, Mr. Llado acted as an advisor on a number of private equity transactions including Magnum Capital Industrial Partners acquisition of Orliman. Mr. Sandler began his career at the Royal Bank of Scotland where he was an Assistant Product Controller supporting the fixed income and derivatives businesses. Mr. Edens is responsible for the Companys private equity and publicly traded alternative investment businesses. Route cause analysis. in Business Administration from the Universidad Autnoma de Madrid and completed a Specialized Program in Business Valuation at Instituto de Estudios Bursatiles. Mr. Nardone is a principal and has been a member of the Board of Directors of Fortress Investment Group LLC since November 2006. Drew Scielzo is an Operating Partner who works directly with certain portfolio companies of funds sponsored by ACON Investments providing advice on a range of operational issues. Joseph P. Adams is a managing director within the Private Equity business at Fortress Investment Group LLC and serves as Chairman of SeaCube Container Leasing Ltd. Mr. Adams is also a member of the Management Committee of Fortress. The firm closed its first fund, Mount Kellett Capital Partners, in December 2009 in Accountancy, concentration in international taxation, from the Virginia Polytechnic Institute and State University (Virginia Tech). In addition, Mr. Edens was formerly a partner and managing director of Lehman Brothers. Prior to joining ACON in 2000, Mr. Bhatia was with Newbridge Latin America, an affiliate of the Texas Pacific Group, in Brazil, where he was responsible for sourcing and executing private equity transactions throughout the region. During the summer of 2015 Mount. He is also Chair of the Audit Committee of two NYSE listed companies, Invacare and CION Investment Corporation and a member of the Board of Directors of STVT-AAI Education (d/b/a Ancora Education), a group of private, post-secondary schools located in Texas and Arizona. In addition to his responsibilities at the corporate level, Mr. Menges played a key role in building out the operations of several portfolio companies across multiple industries, including agriculture, renewable power, real estate, and infrastructure. Fortress Investment Group/Mount Kellett Capital Management Chapter 11 Bankruptcy Cases PETITION New Chapter 11 Filing - EB Holdings II Inc. (Eco-Bat) May 19, 2017 in Chapter11 EB Holdings II Inc. 5/18/17 Recap: When you fail to repay nearly 1.8 billion Euro on a (PIK) note, you risk getting yo' a$$ involuntaried into bankruptcy court. Prior to that, he was the head of Investment Operations at Dyson Capital Advisors, where he was responsible for implementing both the firms trading and reporting platforms. Mount Kellett Capital Management LP ("Mount Kellett") is a multi-strategy investment firm focused on global distressed, special situations and opportunistic investing. Louie must pay a $100,000 penalty and Mount Kellett, which is an SEC-registered investment adviser, must pay a $160,000 penalty. expressly disclaims any obligation to release publicly any updates or from University of California at Berkeley and an M.B.A. from the Wharton School at the University of Pennsylvania. We had approximately 885 employees and 199 investment professionals as of September 30, 2022, at our headquarters in New York and our affiliate offices around the globe. The Company can give no assurance that the expectations Among his current positions, Mr. Ginns serves on the board of Sequitur Energy Resources. Mr. Machado holds a B.S. United States. At ACON, we value diversity. Complete a blank sample electronically to save yourself time disciplined investment acumen, a deep understanding of our strategies In this position, Roger oversaw the management of a portfolio of $6.5 billion and worked closely with operating partners in acquiring, formulating and executing asset strategy in order to maximize value and investment returns. Our funds are supported by our high caliber financial and legal professionals with extensive experience in private equity, partnership finance and administration and regulatory compliance matters. in Economics from California State University, San Marcos. Prior to co-founding Fortress in 1998, Mr. Edens was a partner and managing director of BlackRock Financial Management Inc., where he headed BlackRock Asset Investors, a private equity fund. Previously, Ms. Kulkarni served on the board of Igloo Products, a former ACON portfolio company. Mr. Waida received a Bachelor of Commerce degree from the University of Alberta and holds a Chartered Professional Accountant, Chartered Accountant designation from the Chartered Professional Accountants of Canada. in Physiology and Neurobiology from the College of Computer, Mathematical and Natural Sciences at the University of Maryland, College Park. from Boston University School of Law. Distressed and undervalued assets (some with limited current cash flows and long investment horizons) and tangible & intangible assets (real estate, capital assets, natural resources and intellectual property) Mr. Runt received an A.B. situations and opportunistic investing, said Peter L. Briger, Jr., NEW YORK--(BUSINESS WIRE)-- Ltd. (ITAT Mumbai) Conclusion: Since the director was not a shareholder when bonus was paid to him and also the bonus was not paid out of the earlier years' accumulated profits, therefore, deduction of bonus paid to director was allowable under 36(1)(ii). From 1989 through 1993, Mr. Aronson served as U.S. Assistant Secretary of State for Inter-American Affairs under Presidents Bush and Clinton. Ms. Joo earned her B.S. Mount Kellett Capital Management LP ("Mount Kellett") is a multi-strategy investment firm focused on global distressed, special situations and opportunistic investing. Most of these investments have been through Debt Offering, valued at close to $700 billion. Mr. Rice holds a B.A. Mr. Bass also is a member of the Board of Trustees of the Florida State University Foundation. Ms. Truong holds a B.S. Mr. Ginns has also previously served on the Board of Directors of several public companies including Mariner Energy (NYSE:ME) and Northern Tier Energy (NYSE:NTI), each realized ACON fund portfolio companies and Optimal Group (NASDAQ:OPMR) In addition, Mr. Ginns served on the Board of Directors of ACON S2 Acquisition, a strategic sustainability-focused special purpose acquisition company that was publicly traded (NASDAQ: STWOU) prior to completing a business combination with ESS Inc. (NYSE: GWH). Blackstone. The Sydney native studied at Harvard University and had a stint at Mount Kellett Capital Management, the investment firm founded by former SSG executives Mark McGoldrick and Jason Maynard. press release. Mr. Bawa is also an observer on various ACON portfolio company boards. . Fernando Tena is an Associate at ACON Investments. Fixed: Release in which this issue/RFE has been fixed.The release containing this fix may be available for download as an Early Access Release or a General Availability Release. Companys Quarterly Report on Form 10-Q, which is, or will be, available Managers: Samuel Feinstein, William Joyce, Robert Kaslow-Ramos, George F. Knight III, Geoffrey Manna, Craig Rogerson, Marvin Schlanger, Lee Stewart Financial Advisor: AlixPartners LLP Investment Banker: Moelis & Company LLC (Zul Jamal) Claims Agent: Omni Management Group (*click on the link above for free docket access) Other Parties in Interest: Mr. Schwartz joined the firm in 2014. Prior to that, Mr. Bhatia was with Merrill Lynch Investment Banking based in New York and Brazil, where he worked in M&A and corporate finance. headquartered in New York. Partner. Ms. Mnguez received bachelors degrees in International Business from Universidad Pontificia de Comillas (ICADE) in Spain and Centre dtudes Supriueres des Entreprises et Management (CESEM) in France. Prior to joining StreetLights, Vincent spent 27 years with WDG Architecture, . Mr. Campanelli joined the firm in 2020 as a Treasury and Operations Manager. Kenneth K. Gershenfeld is the tax director at Fortress Investment Group LLC and is also a member of the firms Management Committee. Co-Head of US Real Estate Goldman Sachs. In this position, Roger oversaw. Emily Joo is a Tax Senior Manager at ACON Investments. Mr. Kriger serves on the Board of Directors of the following ACON fund portfolio companies: Atlantic Sustainable Catch, Funko and Novipax. 175+ Exhibitors Projected: Geo Week's vendor-neutral show floor is a one-stop-shop for the newest technology. The transaction, which is subject to the approval of the majority of Mount Kellett's investors, is expected to close on or around 30 June, PDI sister title PERE reported. The senior leadership of Prior to that, Ms. He serves on the board of Dori Alimentos, an ACON fund portfolio company. Mr. For non-personal use or to order multiple copies, please contact Mr. Gordon E. Runt is a managing director at Fortress Investment Group LLC and head of public investor relations and corporate communications. Mr. Marin speaks Spanish, English and German fluently, and speaks French conversationally. In addition, Mr. Galvo has been involved with private equity investments in Debenhams, Dominet Bank, Juncadella Prosegur, Procomp and Rexel. Overview: We are very pleased to be any change in the Companys expectations with regard thereto or any Continue reading your article witha WSJ subscription, Already a member? Such a sale could bring in money that would help stave off default at the network operator. Alfonso Corcuera is a Principal at ACON Investments. Our investors will benefit from the access and Mr. Menges holds a B.S. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS. Prior to joining Fortress, Mr. Acon Investments, L.L.C. On any device & OS. JBK has completed transactions with Fortress Investment Group, Mount Kellett Capital Management, NTT, Telx/Digital Realty Trust, Zayo, DataGryd Data Centers, Fidelity Investments/LongWharf Real Estate Partners, Cornerstone Real Estate Funds and UBS. The Company DCIT Vs M/s. The. Before Riverside, Mr. Llado spent eight years at Espiga Capital, a Spanish mid-size private equity firm, where he focused on small-sized enterprises in the Spanish and Portuguese markets. Mr. Zaidi holds a B.S., summa cum laude, in Finance from the University of Maryland, College Park. revisions to any forward-looking statements contained herein to reflect Prior to co-founding ACON Southern Europe Advisory, Mr. Semmler was a Partner at SWC. diversified global investment management firm, and Mount Kellett Capital in Economics from Texas A&M University and a J.D. Pulley was one of the designated key men for DLJ Real Estate Capital Partners III and was a member of its Investment Committee. Prior to joining ACON in 2014, Mr. Yano was an Associate in 3i Group plcs So Paulo office, where he worked on a variety of transactions in a wide range of industries. The company operates in six Northeastern U.S. states. Mr. Neumark received his B.A in European History from Vanderbilt University and his J.D. Mr. Smith received a B.B.A. Ms. Cowen began her career as an analyst at The Blackstone Group in the private equity and M&A groups. He served as interim Chief Executive Officer from December 2011 to July 2013 and was appointed Chief Executive Officer in August 2013. Following his service, he was again awarded the Distinguished Service Medal. Mr. Dakolias received a B.S. 1/25/2014. Fortress had $69.9 billion in total assets under management as of March 31. Mr. Hurley holds a B.S. and certain other approvals and the execution of definitive agreements. Jorge Dickens is a Managing Partner at ACON Investments. Of that amount, $13.8 billion was invested in credit, of which approximately a third is in real estate. Previously, Mr. Polo worked in the Corporate Finance Group of the main telecommunications firm in Bogot and also worked as an Investment Analyst in the private equity unit of Corficolombiana, a leading Colombian merchant bank with assets in excess of $3.0 billion. Opportunistic lending situations & distressed assets (loans, assets and corporate securities), Publicly traded companies that invest in a wide variety of real estate related assets, transportation & infrastructure and media related assets.General buyout and sector-specific funds focused on control-oriented investments in cash-flow generating assets and asset-based businesses in North America, the Caribbean and Western Europe. Mr. Aronson holds a B.A. By downloading this Report, you acknowledge that we may share your information with our white paper partners/sponsors who may contact you directly with information on their products and services. Previously, Mr. Machado has served on the board of Dori Alimentos, an ACON fund portfolio company, and of Conexo, a prior ACON fund portfolio company.
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