Resolved: Release in which this issue/RFE has been resolved. in Economics from Texas A&M University and a J.D. Fortress to become co-manager with Mount Kellett of the Mount Kellett Mr. Schwartz serves on the Board of Directors of True Value, an ACON fund portfolio company, and has previously served on other ACON fund portfolio company boards, including Igloo Products and RMH Franchise Investments. Kellett Capital Management LPDan Gagnier, 212-687-8080, http://www.businesswire.com/news/home/20150522005960/en/, Copyright 2023 Fortress Investment Group LLC. 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. in English from Duke University. Jose Miguel Knoell is a Managing Partner at ACON Investments. Matthew Campanelli is a Vice President, Capital Formation and Investor Relations at ACON Investments. contained in any forward-looking statements. Mount Kellet chief investment officer Mark McGoldrick said: "Fortress has a world class Credit business, with exceptional people, disciplined investment acumen, a deep understanding of our strategies and a strong institutional framework. Prior to joining ACON in 2017, Ms. Jolly was the founder of DuMonde Management, LLC, an advisory firm that provided strategic and corporate development services to middle market companies and private equity firms. in Economics from Massachusetts Institute of Technology. She is a licensed Certified Public Accountant in the State of Maryland and the Commonwealth of Virginia. Engaged to manage funds and accounts previously managed by D.B. Mr. Neumark also previously practiced law at Wachtell, Lipton, Rosen & Katz in the restructuring and finance group, and at Simpson Thatcher & Bartlett LLP in the corporate group. Mr. Galvo has also served on the Board of Directors of Buscap, Euromedic and Integrated Dental Holdings. Use the CB Insights Platform to explore Fortress Investment Group's full profile. He joined GED Capital from the Spanish public company AESA, which belongs to the SEPI Group, where he was the Finance Director. Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Mr. Ladda was also on the group's risk management and due diligence committees. pleased to be able to do so again., Fortress has a world class Credit business, with exceptional people, Mr. Briger serves on the Board of Trustees of Princeton University, is the Chairman of the U.S. Soccer Investment Committee and is a member of the Council on Foreign Relations. Mr. Marin started his career as an Analyst at Arcano Partners, a privately-owned investment banking boutique based in Madrid, Spain. Do whatever you want with a Ngati Toa Rangatira Statement of Cultural Association with the . 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. Private Equity &Permanent Capital Vehicles2. in Civil and Environmental Engineering from Massachusetts Institute of Technology. Mr. Llado serves on the Board of Directors of Alsur, Contenur, Formacin Alcal and Germaine de Capuccini, each ACON Southern Europe portfolio companies. Following his service, he was again awarded the Distinguished Service Medal. View source version on businesswire.com: http://www.businesswire.com/news/home/20150522005960/en/, Fortress Investment Group LLCGordon E. Runt, 1-212-798-6082orMount 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. He serves on the board of Dori Alimentos, an ACON fund portfolio company. 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. place undue reliance on any forward-looking statements contained in this Prior to joining New Mountain, Mr. Porter was a Principal of Bayside Capital, the credit and special situations platform of H.I.G. Summary. Mount Kellett Capital Management LP ("Mount Kellett") is a multi-strategy investment firm focused on global distressed, special situations and opportunistic investing. Our experience in corporate mergers and acquisitions enables us to work with corporate boards of directors, management and various stakeholders in order to determine optimal structuring and execution of an investment. The Board of Directors has set forth policies and procedures as well as a framework for establishing the highest level of business integrity and accountability. He is a licensed Certified Public Accountant in the District of Columbia and the Commonwealth of Virginia. Previously, he was an Investment Banking Associate with Banco Santander, where he advised clients in corporate finance and cross-border M&A assignments. She began her career in the audit practice at KPMG. Fortress Investment Group has agreed to acquire the investment funds and operating platform of Mount Kellett Capital Management. Mr. Edens is Co-Chief Executive Officer of Fortress and has been a member of the board of directors of Fortress since November 2006. 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. Prior to joining ACON in 2008, Mr. Dickens was a Vice President at Darby Overseas Investments, an international private equity firm and affiliate of Franklin Templeton Investments. Prior to re-joining ACON in 2022, Ms. Rodriguez worked at LNC Partners, a SBIC licensed growing middle-market private equity firm, as VP of Finance. CJ Cimino is the Director of Finance at ACON Investments. together teams with significant special situations experience and sector Prior to joining Bayside in 2012, Mr. Porter worked for Mount Kellett Capital Management, where he focused on distressed credit investing, and for GSC Group, where he focused on middle-market control . Ms. Truong holds a B.S. President at Mount Kellett Capital Management LP Brooklyn, NY Brian Lippey managing Director & Head of Global Marketing at Mount Kellett Capital Mgmt New York, NY sivasubramanian kn. Outside of ACON, Ms. Bernstein serves on the National Board of Out Teach, a teacher-development nonprofit focused on outdoor experiential learning. All Right Reserved, We are proud to have approximately 67% of our, employee base comprised of individuals who identify as members of an ethnic minority or as female. Previously, Mr. Harbour was a Managing Director at Fortress Investment Group, which he joined as part of a strategic transaction with Mount Kellett Capital Management LP. Prior to joining Fortress in March 2002, Mr. Briger spent fifteen years at Goldman, Sachs & Co., where he became a partner in 1996. Mr. Ms. Rodriguez began her career at SEAF, a global impact private equity investment group, where she managed accounting operations for private equity funds investing in Asia and Europe, as well as government grant programs overseas. JBK has acquired data center, office and industrial and retail assets, and is a founding principal of DataGryd Data Centers. 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. and M.S. She is a Fulbright Scholar and published author. Ms. Cowen received a B.S. New Media Investment Group Inc. completed acquisition of Gannett Co. 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). Most of these investments have been through Debt Offering, valued at close to $700 billion. Mr. Corcuera holds a B.A. Route cause analysis. Mr. Scielzo began his career at McKinsey. Edens still oversees private equity, which represents $12.7 billion of assets. Is this a year of opportunity for investments in China? 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. Prior to joining Fortress in February 2005, Mr. McKnight worked at Fir Tree Partners where he was responsible for analyzing and trading high yield and convertible bonds, bank debt, derivatives and equities for the value-based hedge fund. Previously, Ms. Kulkarni served on the board of Igloo Products, a former ACON portfolio company. Mauricio Corts is a Partner at ACON Investments. Fortress Asia Macro Funds transitioned to Graticule Asset Management Asia, L.P. 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. Mr. Aronson has previously served on numerous boards of ACON fund/investment vehicle portfolio companies, including among others, Mariner Energy (NYSE:ME) and Northern Tier Energy (NYSE:NTI). JBK Capital Profile and History. Investment performance is our cornerstone - we strive to generate strong risk adjusted returns for our investors over the long term. Hearn and investment partners Mount Kellett Capital Management now an affiliate of New York-based Fortress Investment Group and San Antonio, Texas-based Lynd Co. in 2013 paid $140 million . based. Accordingly, you should not private investors worldwide. Industry Knowledge Operations Management Corporate Mergers and Acquisitions Capital Markets Assets Under Management: firm, today announced they have reached an agreement for an affiliate of Mr. Nardone has been a member of the Management Committee of Fortress since 1998. 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. 28 - 35,000 plus benefits. (1) Includes $0.9 billion of AUM related to SPAC entities and $0.2 billion of AUM related to co-managed funds as of Q3 2022. Prior to this, Mr. Sandler was a Managing Director at Fortress Investment Group and Mount Kellett Capital Management, where he managed a team primarily responsible for operations, treasury and management reporting that supported a global multi-strategy investment management business. in Finance from the University of Maryland, College Park. Mr. Marin speaks Spanish, English and German fluently, and speaks French conversationally. diversified global investment management firm, and Mount Kellett Capital Mr. Kriger serves on the Board of Directors of the following ACON fund portfolio companies: Atlantic Sustainable Catch, Funko and Novipax. Securely download your document with other editable templates, any time, with PDFfiller. This copy is for your personal, non-commercial use only. management as of March 31, 2015. Mount Bradley received a Bachelor of Science degree degree from . At Mount Kellett, Mr. Harbour served in a variety of roles, including his last as a Managing Director and Co-Head of North American Corporate Investments, focusing on special . Fortress had $69.9 billion in total assets under management as of March 31. source of expected capital commitments for any new fund or redemption Zwirn & Co. 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. 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. commitments. Mr. Briger has been a member of the Management Committee of Fortress since 2002. on the Companys website (www.fortress.com). Produce three-year business plans including cashflow forecasts. any change in the Companys expectations with regard thereto or any which, by their nature, are inherently uncertain and outside of the Mr. Smith worked at CRIIMI MAE Inc. from 1991 to 1996. He is a Member of the Council on Foreign Relations and the American Academy of Diplomats. Anjali Jolly is a Partner at ACON Investments. Mount Kellett Capital Management/Fortress Investment Group Jul 2012 - Mar 20163 years 9 months Irving, TX Global head of real estate asset management. JBK Capital has completed transactions with Mount Kellett Capital Management, Fortress Investment Group, NTT, Telx, Fidelity Investments/LongWharf Real Estate Partners, Cornerstone Real Estate Funds and UBS. Pack serves as a Director on multiple corporate and philanthropic Boards. 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, a $5 billion investment firm co-founded by former Goldman Sachs star Mark McGoldrick that is known for investing in distressed debt, is calling on a friend for help. Facing pressure to curb diabetes-treatment costs, the company will cut the list prices for its most commonly prescribed insulin and take other steps to make it easier for patients to afford the drugs. Ms. Huang originally joined ACON Investments in 2017 as a Fund Accounting Manager supporting the Latin American and European fund platforms, and subsequently worked at DC Energy, a proprietary trading firm that invests in the energy and commodity markets, as an Accounting Manager. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address. institutional framework of Fortress, a global alternative asset manager Ms. Whitley earned both her B.S. Previously, he was an Assistant Vice President at State Street within the fund accounting administration team servicing real estate focused private equity clients. in Economics from California State University, San Marcos. Prior to that, Mr. Furstein was co-manager of the opportunistic real estate loan business of Goldman, Sachs & Co. Fortress Investment Group LLC (NYSE:FIG) (Fortress), a leading, Fortress has deep knowledge of the industries in which it invests. 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. 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. Before joining UBS in 1997, Mr. Nardone was a principal of BlackRock Financial Management, Inc. with Honors in Economics from Harvard University. Jorge Dickens is a Managing Partner at ACON Investments. Mr. Nardone received a B.A. A&P agreed to sell about 120 of its 296 stores for about $600 million to Acme Markets Inc, owner of Safeway and Albertsons grocery stores, Stop. On any device & OS. Prior to joining ACON in 2019, Mr. Waida was a Managing Director and Chief Financial Officer of the Mount Kellett Funds at Fortress Investment Group, which he joined from Mount Kellett Capital Management, a global multi-strategy investment management firm focused on special situations and opportunistic investing. Mr. Machado holds a B.S. Under the merger, Fortress will reportedly invest $200 million in Mount Kellett's existing . Prior to that, Ms. Prior to ACON, Mr. Kriger was an independent consultant working with various private equity clients, including ACON since 2016, sourcing, developing and evaluating opportunities in the food logistics and supply chain sector as well as branded food and restaurant prospects. Pack is a Managing Partner of the Credit Funds Business. in Finance from Radford University and a M.B.A. in Finance from George Washington University. Mr. Schwartz joined the firm in 2014. partners of the Funds. Mr. Bawa is also an observer on various ACON portfolio company boards. Fortress applies its deep experience We are pleased to join with Mount Kellett and their experienced team of Mr. Kriger joined the firm in 2017. Pack heads the illiquid strategies and serves on the investment committee for the Credit Funds and is a member of the Management Committee of Fortress. Prior to joining ACON in 2022, Mr. Sandler was the Chief Compliance Officer and Controller at Poetic Group LLC, an investment manager of private equity funds employing structured finance strategies. Ms. de Oca earned a Bachelors in Business Administration from Universidad Carlos III de Madrid (UC3M). Ms. Redburn holds a B.S. 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. Knoell started his professional career as an Analyst in the mergers and acquisitions group of S.G. Warburg in Madrid, Spain. Masumi Waida is the Chief Financial Officer of ACON Investments. Sculptor Capital is a global alternative asset manager providing a range of products across Multi-Strategy, Credit, and Real Estate. Mount Kellett Capital Management is a private equity firm founded in 2008 which primarily focuses on distressed, special situations and opportunistic investing. Mr. Ladda received a B.A. revisions to any forward-looking statements contained herein to reflect from Columbia University and an M.B.A. from the Wharton School at the University of Pennsylvania. from UCLA. Mr. Jinich serves on the Board of Directors of BioMatrix and IWP (Chairman), each ACON fund portfolio companies. In 2002, Mr. Adams served as the first Executive Director of the United States Air Transportation Stabilization Board. Jonathan Ginns is a Founder and Managing Partner of ACON Investments. investment funds and related accounts (collectively, the Funds). 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. 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. In addition, Mr. Aronson is a Director for the National Democratic Institute and the Amazon Conservation Team. Andrew Axelrod, a former managing director at Mount Kellett Capital Management, is starting his own hedge fund firm with backing from billionaires Louis Moore Bacon and Julian Robertson. No paper. 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. 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. Prior to Fir Tree, Mr. McKnight worked at Goldman, Sachs & Co. in Leveraged Finance and the Distressed Bank Debt trading group. Previously, he was an Analyst at Deutsche Bank, where he worked on M&A and leveraged finance transactions in the Consumer and Retail industries. Mr. Brotman serves as a member of the Board of Directors of the following ACON fund portfolio companies: Atlantic Sustainable Catch, Bargain Hunt, Beauty by Imagination, Diverzify+, Fleetwash, Funko, New Era, Novipax, ProEnergy, SUZOHAPP and True Value. Able to adapt quickly and work across different businesses and sectors covered in the group. 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. For a discussion of some of the risks in Engineering from the University of Cincinnati and an M.B.A. from Harvard Business School. 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. Support to produce management accounts, and board packs for business across the group. Mr. Brotman received a B.S.e,cum laude, from The Wharton School of the University of Pennsylvania and an M.B.A. from the Harvard Business School. 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. Read More. Prior to joining ACON in 2013, Mr. Hernandez was a Managing Director with the manager of Arco Capital Corporation from 2007 to 2013, where he was responsible for its investments, which included companies in Colombia and Eastern Europe. with Honors in Humanities from The University of Chicago. He began his career at Mount Kellett Capital Management (now part of Fortress Investment Group). in Accountancy, concentration in international taxation, from the Virginia Polytechnic Institute and State University (Virginia Tech). Pack has 20 years of credit investment and workout experience through multiple credit cycles. in Finance from Oregon State University. CNNMoney (New York) First published July 16, 2018: 3:25 PM ET. Mr. Prior to joining ACON in 2018, Ms. Andre Bhatia is a Managing Partner at ACON Investments. From 1998 to 2011, he worked with Merrill Lynch Global Private Equity in So Paulo and London, where he was promoted to Managing Director. The companys revenue gain of 14% is better than expected but slower than its historical pace. Prior to joining ACON in 2016, she was an Analyst at Stifel, Nicolaus & Company, where she worked on mergers and acquisitions transactions across a variety of industries. Mr. Brooks received a B.S. Footnotes: Certain statements in this press release may constitute forward-looking "We are very pleased to be partnering with Fortress. Mr. Dakolias is also a co-founder and member of the Executive Committee of The Hellenic Initiative, as well as a member of the Council on Foreign Relations. Prior to joining Fortress in 2001, Mr. Dakolias was a Managing Director, Chief Credit Officer and co-founder of American Commercial Capital LLC (a specialty finance company) and Coronado Advisors (an SEC registered broker dealer), both of which were sold to Wells Fargo & Co. in 2001. ACON's team of investment professionals has years of investing, operating, strategy consulting and financial advisory experience. Mr. Dakolias serves on the Board of Trustees for Columbia University, the American School of Classical Studies at Athens, and the Millbrook School. Ms. Cowen is also a member of the Management Committee of Fortress. Mr. Dickens previously served on the board of Betterware de Mexico, Hidrotenencias and InverCap, each prior ACON fund portfolio companies. Mr. Hurley is a licensed Certified Public Accountant in Maryland. Gordon E. Runt is a managing director at Fortress Investment Group LLC and head of public investor relations and corporate communications. 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. The latest litigation news involving the company Mount Kellett Capital Management () Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. with Honors in Chemical Engineering from Universidad Nacional Autnoma de Mxico (UNAM) and an MSc in Environmental Impact Assessment, Auditing and Management Systems from University of East Anglia. http://www.wsj.com/articles/fortress-comes-to-the-aid-of-mount-kellett-1432335214. Prior to joining ACON in 2021, Ms. Thever was a Partner at Bridge Investment Group, a $26bn real estate private equity firm. Mr. Dellomo has also held corporate finance and principal investing positions with MCG Capital Corporation and Deutsche Bank Securities. Private-sector readings show job postings receding more than government reports of job openings. management fees, incentive income and investment income, the amount and Mr. DeAraujo began working with ACON in 2017. He is also a CFA Charterholder. in Family Science from the School of Health and Human Performance at the University of Maryland, College Park. Mr. Menges holds a B.S. ACONs team of investment professionals has years of investing, operating, strategy consulting and financial advisory experience. Mr. Edens has been a member of the Management Committee of Fortress since 1998. 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 . Previously, Ms. Jolly was a Managing Director and Member of the Investment Committee of Perseus, a $1.6 billion middle market private equity firm. Mr. Mariani holds a Bachelors in Business Administration from Fundao Getulio Vargas (FGV-EAESP). Prior to co-founding ACON Southern Europe Advisory, Mr. Semmler was a Partner at SWC. see the sections entitled Risk Factors and Managements Discussion support of a global operational platform and the combined asset Pedro Mariani is an Associate at ACON Investments. situations and opportunistic investing, said Peter L. Briger, Jr., Companys Quarterly Report on Form 10-Q, which is, or will be, available These statements are not historical facts, but instead From 1997 to 2006, Mr. Hernandez was an investment banker for JP Morgan Chase focused on mergers and acquisitions advice for clients in Latin America, Australia, the United States, the United Kingdom and South Africa.