mount kellett capital management fortress
mount kellett capital management fortress
Kellett will benefit from the scale and resources contained within the Mr. Briger is Co-Chief Executive Officer of Fortress and has been a member of the board of directors of Fortress since November 2006. In addition, Mr. Jinich 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). Mr. Scielzo began working with ACON in 2013. Prior to Hicks Muse, Mr. Jinich was an operating executive at a diversified industrial conglomerate based in Mexico City, and prior to that he worked for the Merchant Banking Group at Bankers Trust Company in New York City. contained in any forward-looking statements. Fortress Investment Group has agreed to acquire the investment funds and operating platform of Mount Kellett Capital Management. Previously, she was a Program Coordinator at the U.S. Department of Homeland Security (DHS) Science & Technology Directorate (S&T) Office of University Programs (OUP), where she handled deliverables monitoring and grant and regulatory compliance for multi-year projects. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS. from the University of Texas School of Law. Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $45.7 billion(1) of assets under management as of September 30, 2022. in Accounting from The University of Texas at Arlington. Mount Kellett Capital Management is based out of New York. Kellett Capital Management LPDan Gagnier, 212-687-8080, http://www.businesswire.com/news/home/20150522005960/en/, Copyright 2023 Fortress Investment Group LLC. Accordingly, you should not in Finance from Georgetown University. Prior to commencing to consult for ACON and with ACON portfolio companies, he was a Principal at Investcorp where he was responsible for developing and implementing operational improvement, cost reduction and revenue enhancement programs for portfolio companies. Ms. Isunza holds a B.S. Mount Kellett Capital Management India Pvt. Diana Isunza is an Administrative Director at ACON Investments. In addition, new risks and uncertainties emerge from time to time, and for Mount Kellett Capital Management LP. Mr. Anjali Jolly is a Partner at ACON Investments. NEW YORK--(BUSINESS WIRE)-- In addition, Mr. Hanono has completed Harvard Business Schools Owner/President Management Program. Mr. Tena holds a B.S. 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. from UCLA School of Law. 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. Mr. Campanelli earned his B.A. Under the merger, Fortress will reportedly invest $200 million in Mount Kellett's existing . John Hancock Center could change owners and names Mount Kellett was set up in 2008 by a group of former Goldman partners looking to buy distressed assets in many sectors of the economy in the wake of the financial crisis. Ms. Redburn holds a B.S. Mr. McKnight is also the Co-CIO of the Drawbridge Special Opportunities Fund, the Fortress Lending Funds and Fortress Credit Opportunities Funds. in Economics, cum laude, with a concentration in Finance from Instituto Tecnolgico Autnomo de Mxico (ITAM), where his thesis was awarded an honors distinction by the Mexican Stock Exchange (BMV). Prior to joining Fortress, Mr. Mr. Yano holds a Bachelors in Business Administration from Fundao Getulio Vargas (FGVEAESP). United States. Mr. Scielzo received a B.S.e, summa cum laude, in Finance and Accounting from The Wharton School of the University of Pennsylvania and an M.B.A. from the Kellogg School of Management of Northwestern University. New Media Investment Group Inc. completed acquisition of Gannett Co. Unresolved: Release in which this issue/RFE will be addressed. He is a licensed Certified Public Accountant in the District of Columbia and the Commonwealth of Virginia. He serves on the Board of Directors of the following ACON fund portfolio companies: Bargain Hunt, Funko and Pine Environmental Services. In February 2015, Mr. Aronson was asked by President Obama to serve as U.S. Special Envoy for the Colombian peace process. 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. Ms. Bernstein joined Perseus in 2006 as Vice President for Legal Affairs. Mount Kellett is a multi-strategy private investment firm focused on global value, special situations and opportunistic investing across asset classes and industries, including real estate. Use the CB Insights Platform to explore Fortress Investment Group's full profile. From 1998 to 2011, he worked with Merrill Lynch Global Private Equity in So Paulo and London, where he was promoted to Managing Director. Ms. Kulkarni serves on the Board of Directors of the following ACON fund portfolio companies: Atlantic Sustainable Catch, Beauty by Imagination, New Era, Novipax and SUZOHAPP. Long-term investments in established or emerging category-leading businesses, partnering with management teams to unlock potential for growth and value creation. Continue reading your article witha WSJ subscription, Already a member? Mr. Bawa serves on the Board of Directors of the following ACON fund portfolio companies: Diverzify+, Fleetwash, Pine Environmental Services, ProEnergy, Sequitur Energy Resources and True Value. Naval/Maritime History - 3rd of March - Today in Naval History - Naval {"data":{"demos":[{"value":"GEO","label":"GEO","children":[{"value":"Albania","label":"Albania"},{"value":"Algeria","label":"Algeria"},{"value":"Argentina","label . Mount Kellett Capital Management. As Chinas financial markets open up, the risks and rewards are huge for wealth managers, Rootstock Investment Management acquired by Stonehage Fleming, Schroders annual operating profit dips 14% to 723m, Julius Baer launches global AI journey with NEXT initiative, Whos saying what? Mr. Aronson serves on the Board of Directors of Sequitur Energy Resources, an ACON fund portfolio company. Prior to joining ACON in 2017, he was an Analyst at Stifel, Nicolaus & Company, where he worked on mergers and acquisitions transactions across a variety of industries. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Prior to commencing to consult for ACON and with ACON portfolio companies, he was an Operating Partner with Monomoy Capital where he was responsible for developing and implementing comprehensive profit improvement programs for portfolio companies. Mr. Bawa is also an observer on various ACON portfolio company boards. This copy is for your personal, non-commercial use only. The senior leadership of Mr. The region has provided attractive investments in a diverse set of companies. Prior to joining ACON in 2006, he was an Associate with the Technology, Media & Telecommunications Investment Banking Group at Friedman Billings Ramsey, where he was responsible for executing the firms M&A advisory and underwriting activities. Route cause analysis. in Accounting and her B.S. Mr. Ms. Rodriguez earned her Bachelors in Accounting from Zhongnan University of Economics and Law in China and her M.B.A. from The George Washington University. She is a licensed Certified Public Accountant in the Commonwealth of Virginia. 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. NEW YORK CITYThe agreement in principle will bring together teams with extensive experience in special situations and sector-specific knowledge of credit and global real estate. David N. Brooks succeeded as the general counsel of Fortress Investment Group LLC in February 2007. Prior to joining Fortress in August 2006, Mr. Gershenfeld spent thirteen years at Goldman, Sachs & Co., where he became a managing director in the tax department. Mr. Brooks is also a member of the firms Management Committee and serves as the general counsel of the Credit business as well as the firm. 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. The firm closed its first fund, Mount Kellett Capital Partners, in December 2009 Daniel Jinich is a Managing Partner at ACON Investments. For a discussion of some of the risks Mount Kellett is a multi-strategy private investment firm focused on Mr. Gershenfeld received a B.S. Newcastle Investment Corp. completed spin-off of New Residential Investment Corp. Mount Kellett Capital Management LP ("Mount Kellett") is a multi-strategy investment firm focused on global distressed, special situations and opportunistic investing. Meanwhile, Mount Kellett manages approximately $5 billion in assets, with about half in property investments. Mr. Kriger joined the firm in 2017. Both companies were sold to Wells Fargo in 2001. Launched Fortress Credit Opportunities Fund V, Launched Fortress Japan Opportunity Fund IV, Launched Fortress Real Estate Opportunities Fund III, Priced IPO for Mosaic Acquisition Corp. in October, Appointed investment manager of the third party originated JP Funds, Launched Fortress Credit Opportunities Fund IV, Launched Fortress Japan Opportunity Fund III. management fees, incentive income and investment income (loss), The Foundation was funded with a portion of the proceeds from the sale of Carulla Vivero, a prior ACON fund portfolio company. Previously, he has served on numerous boards including Conexo, Fairway Media Group, Fiesta Mart and GBarbosa Comercial, each prior ACON fund/investment vehicle portfolio companies. Rodrigo Galvo is a Partner at ACON Investments. Prior to joining ACON in 2014, Mr. Galvo spent two years with 3i Group, the international private equity fund manager, most recently as a Partner, based in So Paulo. Pack has analyzed, structured and negotiated hundreds of lending, structured equity and real estate transactions. While at ERM, Ms. Aguilar participated in sustainability projects including environmental and social due diligence, implementation of health, safety and environmental trainings, management system development and implementation and ESG and regulatory compliance audits for financial institutions for companies across Latin America in various sectors including mining, oil and gas, manufacturing, chemical and pharmaceutical. Leadership - StreetLights Residential She is a licensed Certified Public Accountant in Virginia. Mr. Ms. Truong holds a B.S. Location: UK - Hybrid to Bessels Green or Peterborough. Private-sector readings show job postings receding more than government reports of job openings. Moby-Dick; or, The Whale is an 1851 novel by American writer Herman Melville. in Finance from Radford University and a M.B.A. in Finance from George Washington University. management expertise of the Mount Kellett and Fortress teams across the Our professionals drive our success with the shared objective of building a better future for our investors, employees and customers. Mr. Knoell serves on the Board of Directors of the following ACON fund portfolio companies: Amfora Packaging, Citla Energy, Credivalores-Crediservicios, CryoHoldco de Latinoamerica, Grupo Biosidus, Salesland and Vitalis. Prior to that, Mr. Furstein was co-manager of the opportunistic real estate loan business of Goldman, Sachs & Co. Previously, he was an Assistant Vice President at State Street within the fund accounting administration team servicing real estate focused private equity clients. Fortress to acquire Mount Kellett - PERE Fortress to become co-manager with Mount Kellett of the Mount Kellett Ms. Jolly serves on the Board of Directors of Beauty by Imagination and BioMatrix, each ACON fund portfolio companies. Subscribe to see more. Kenneth Hurley is an Associate at ACON Investments. The strategic alliance between Mount Kellett and Fortress brings Lodging Capital and its partner, New York-based Mount Kellett Capital Management L.P., own the building at 140 E. Walton Place, but lease the land underneath it from a trust tied to local investor . Fortress Investment Group - CB Insights The transaction is expected to close on or about June 30, 2015. in Economics from the Wharton School at the University of Pennsylvania and a J.D. Ms. Bernstein is admitted to practice law in the State of New York and the District of Columbia. Mount Kellett Capital Management, a $7 billion hedge fund that holds a 7.3 percent stake in Clearwire, sent a letter to the company's board on Thursday asking it to consider selling off what it called excess wireless spectrum. ACONs team of investment professionals has years of investing, operating, strategy consulting and financial advisory experience. any change in the Companys expectations with regard thereto or any in Finance from Universidad del Valle de Mxico. in Physics from Columbia University. In addition, Mr. McKnight is a member of the Council on Foreign Relations. disclosed. Ms. Joo earned her B.S. Prior to his tenure at Fannie Mae, Mr. Runt was Director of Corporate Communications at BlackRock, Inc. from January 2001 to June 2002, and prior to that, served as Director of Communications at PNC Financial Services, Inc. from June 1997 to January 2001, with responsibility for Executive, Shareholder and Strategic Communications. CJ Cimino is the Director of Finance at ACON Investments. The Version table provides details related to the release that this issue/RFE will be addressed. in Economics from Texas A&M University and a J.D. Before Pillsbury, Ms. Bernstein was a Corporate Associate in the New York City office of Paul Weiss. Prior to joining ACON in 2008, Ms. Kulkarni was a Senior Associate with the Technology, Media & Telecommunications Investment Banking Group at Friedman Billings Ramsey focusing on Business Services and Financial Technology sectors, where she was responsible for executing the firms underwriting and M&A advisory activities. On any device & OS. Visit our privacy policy for more information about our services, how we may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. 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. Prior to this he was the Chief Operating Officer at Limiar Capital Management, a Virginia-based investment management firm focused on global emerging markets. She is a Fulbright Scholar and published author. Maria Beatriz Segura is a Senior Associate, Legal and Compliance at ACON Investments. Fortress Investment Group/Mount Kellett Capital Management Chapter 11 MOUNT KELLETT CAPITAL MANAGEMENT LP Top 13F Holdings - WhaleWisdom.com Mr. Dickens serves on the Board of Directors of the following ACON fund portfolio companies: Corporacion Actinver, Grupo GMI, Citla Energy and Grupo Vizion (Waldos). Prior to joining Bayside in 2012, Mr. Porter worked for Mount Kellett Capital Management, where he focused on distressed credit investing, and . Ms. Thever holds a B.A., summa cum laude, in Economics from Tufts University, an M.B.A. from The Wharton School and a Master in Public Policy from the Harvard Kennedy School. Mount Kellett Capital Management - Crunchbase Mr. Llado earned a B.A., cum laude, in Economics from the University of Colorado Boulder, and holds an M.B.A., with Honors, in International Business from the Maastricht School of Management. USPS, under pressure on costs, contracts trucking companies at cut rates and pushes them to meet aggressive delivery schedules. Ms. Aguilar also previously worked at ERM for more than 10 years as a Project Manager in Mexico City and as a Project Director in Lima, Peru. Mount Kellett Capital Management : Articles :: Law360 from the University of Pennsylvania Law School in Philadelphia, Pennsylvania, where she also earned the Wharton Business and Law Certificate. Prior to joining Arco, Mr. Hernandez was a Director in the European Mergers and Acquisitions group of UBS in London. Overview: expressly disclaims any obligation to release publicly any updates or Bradley received a Bachelor of Science degree degree from . 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. of any forward-looking statement will be obtained. Prior joining ACON in 2021, Ms. Aguilar worked as a Regulatory Analyst at Talos Energy and as a Health, Safety, Social & Environment (HSSE) Manager at Citla Energy, each a private equity owned company in the oil industry in Mexico. Suma Kulkarni is a Partner at ACON Investments. Mauricio Corts is a Partner at ACON Investments. Distribution and use of this material are governed by http://www.wsj.com/articles/fortress-comes-to-the-aid-of-mount-kellett-1432335214. Mr. Hanono spent 15 years as founder, president and CEO of Hidrotenencias, a former ACON fund portfolio company in Panama. Marta de Oca is an Analyst for ACON Southern Europe Advisory. Prior to joining ACON in 2022, Mr. Tena was an analyst at Nexxus Capital in the Private Debt division based in Mexico City, where he participated in different transactions across various sectors, including financial services, information technology, telecommunication and real estate. in Civil Engineering with a minor in Business Administration from Tulane University and an M.S. Prior to joining ACON in 2019, Ms. Isunza was the Regional Finance Controller at Colony Capital in Mexico City. Andre Bhatia is a Managing Partner at ACON Investments. Ms. Segura holds a B.A in Law from Universidad de los Andes in Bogot, Colombia and an LL.M. In addition, Mr. Brotman serves on the Board of WattBridge, a developer and operator of peaking power solutions enabling renewable energy growth. Mount Kellett Capital Management LP ("Mount Kellett") raised a number of focused global distressed, special situations and opportunistic investment funds. 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. KEVIN NAUGHTON Obituary (2022) - New York, NY - New York Times The electric-vehicle maker has suggested it might provide updates on a grab bag of topics, from manufacturing plans to its long-awaited Cybertruck pickup and in-house battery cell efforts. Cybersecurity in Banking & Payments Filings Trends Q3 2022, Tech for good: How Scottish fintech companies are relieving the cost of living crisis, How quantum technologies will transform fintech, Grow your asset finance arm with high-functioning origination capabilities, Competitor Profile: RBC Wealth Management, Credit Suisse targets rich Asian clients with higher deposit rates, Julius Baer to accelerate hiring in Asia as China reopens, Track the M&A and Capital Raising volumes into their target market, Identify the top sectors in the target market attracting the investments, For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment, Assess and showcase the growth potential for various Industries in the target economy. commitments. She began her career in investment banking in the JPMorgan Financial Sponsor Group executing leveraged buyouts and other capital markets transactions for leading private equity firms. addition, we have worked with Mark McGoldrick for decades and are She is a licensed Certified Public Accountant in New York. and Analysis of Financial Condition and Results of Operations in the from Boston University School of Law. Before that, Ms. Mnguez worked as a Client Service Specialist on J.P. Morgan private banks Latin America team, as a Credit Analyst for KBC Bank and as a Junior Auditor for Deloitte focused on the financial services industry. He started his career with five years in investment banking at Hill Samuel and WestLB, focusing on Spain and Portugal. Previously, he was an Analyst at Piper Sandler Companies, where he served clients across both the tools & diagnostics and biopharma sectors on capital raising and M&A engagements. Prior to that, Mr. Menges was a Vice President and Controller with Fortress Investment Group and Mount Kellett Capital Management, working on global multi-strategy funds with an emphasis on special situations and opportunistic investing across a diverse range of investment products and geographies. Mr. In addition, Mr. Bawa serves on the Board of WattBridge, a developer and operator of peaking power solutions enabling renewable energy growth. In his previous role, Roger oversaw global real estate asset management for Mount Kellett Capital Management LP. Pulley has over 25 years of real estate investment experience, having started his career at Bankers Trust. firm, today announced they have reached an agreement for an affiliate of Fortress Investment Group LLC (NYSE:FIG) is a leading, diversified from Princeton University and an M.B.A. from the Wharton School of Business at the University of Pennsylvania. Zwirn & Co. Previously, Mr. Schwartz was the founder of Constructivist Capital, which worked with family offices and other capital providers, including ACON Investments, to evaluate illiquid investment opportunities and was a Managing Director at Avenue Capital Group. Prior to starting these roles in 2022, Mr. Machado was a Director of ACON. Prior to joining Fortress in July 2006, Mr. Ladda was a managing director at Trust Company of the West ("TCW") where he was responsible for the United States hedge fund joint venture between TCW and its parent company, Societe Generale Asset Management. While at Altra, among other responsibilities, Mr. Polo actively participated in the acquisition of a leading port and logistics service provider in Colombia and monitored a multinational business process outsourcing company on behalf of Altra. She also worked as a Senior Accountant at DC Investments Management, an investment and trading firm based in the DC metro area. 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. We are pleased to join with Mount Kellett and their experienced team of global value, special situations and opportunistic investing across Mount Kellett Capital Management/Fortress Investment Group Jul 2012 - Mar 20163 years 9 months Irving, TX Global head of real estate asset management. The firm is Mount Kellett Capital Management LP, a $5 billion investment firm co-founded by former Goldman Sachs Group Inc. star Mark McGoldrick that is known for investing in distressed debt, is. Prior to joining ACON in 2021, Mr. Mariani was an Equity Research Associate at Bank of America Merrill Lynch where he covered publicly listed Latin American companies across the healthcare, education and transportation sectors. Contact. Mr. Knoell started his professional career as an Analyst in the mergers and acquisitions group of S.G. Warburg in Madrid, Spain. Ms. Segura is admitted to practice law in Colombia. Fortress Investment Group has formed an alliance with Mount Kellett Capital Management under which a Fortress affiliate will become co-manager with Mount Kellett of the Mount Kellett investment funds and related accounts. Complete a blank sample electronically to save yourself time Outside of ACON, Ms. Bernstein serves on the National Board of Out Teach, a teacher-development nonprofit focused on outdoor experiential learning. 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. Launched Fortress MSR Opportunities Fund II, Launched Fortress Japan Opportunity Fund II, Opened offices in San Francisco, Shanghai and Singapore, Launched the Fortress Asia Macro Fund, the Fortress Credit Opportunities Fund III, the Fortress Real Estate Opportunities Funds and the Worldwide Transportation & Infrastructure Fund, Acquired Logan Circle Partners (closed in April 2010), entered the fixed income asset management business, Fortress received an investment grade rating of BBB from Fitch Ratings and BBB- from Standard and Poors, in each case with a stable outlook, Launched the Fortress Japan Opportunity Fund, first Yen denominated fund. From 1989 through 1993, Mr. Aronson served as U.S. Assistant Secretary of State for Inter-American Affairs under Presidents Bush and Clinton. Mr. Menges holds a B.S. Founded in 2008, Mount Kellett has offices in New York, Dallas, Hong Kong, London, Mumbai, and Mauritius. Holdings. Prior to joining ACON in 2022, Mr. Weidemeyer was an Analyst on the Mergers & Acquisitions team at Ahold Delhaize, one of the worlds largest food retail groups. in History from Brandeis University and an M.B.A. from the Harvard Business School. We are proud to have approximately 67% of our U.S. employee base comprised of individuals who identify as members of an ethnic minority or as female. Ms. Rodriguez originally joined ACON Investments in 2015 and managed ACONs corporate finance and private fund platforms. Ms. Cowen began her career as an analyst at The Blackstone Group in the private equity and M&A groups. Meet Nick Weber: From Working Out Of Starbucks To A $3.3B Portfolio In Mr. Vaish also holds an M.B.A. from The Wharton School. Management LP (Mount Kellett), a private, multi-strategy investment Leslee Cowen is a Managing director, serving on the investment committee for the Credit Funds and co-heads the Corporate Loan and Securities Group at Fortress Investment Group LLC. Fortress Principal and Co-Chairman of the Board of Directors. in Accounting and Finance and a Master of Finance with a concentration in Asset Management from the Robert H. Smith School of Business at the University of Maryland, College Park. in Accounting from Liberty University. Emiliano B. Machado is an M&A Director at Sapore S.A., an ACON fund portfolio company, and also acts in an advisory capacity to ACON Brazil, an ACON affiliate company, on fund and administrative matters. Mr. DeAraujo started his career at General Electric, with roles in manufacturing management, corporate audit staff and business development. Co-Head of US Real Estate Goldman Sachs. Team - ACON Investments Mr. Dakolias was previously a director at RER Financial Group where he was responsible for the firm's acquisition efforts as a principal and as a provider of third party due diligence and asset management. Mr. Kriger has also held financial analyst positions for Brentwood Capital and First Boston. 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. Mr. Edens is Co-Chief Executive Officer of Fortress and has been a member of the board of directors of Fortress since November 2006. Mount Kellett is a distressed-asset investment specialist founded in 2008 by former Goldman Sachs star Mark "Goldfinger" McGoldrick.