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. We are pleased to join with Mount Kellett and their experienced team of From 1989 through 1993, Mr. Aronson served as U.S. Assistant Secretary of State for Inter-American Affairs under Presidents Bush and Clinton. 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. 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). NEW YORK--(BUSINESS WIRE)-- 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). CJ Cimino is the Director of Finance at ACON Investments. He started his career with five years in investment banking at Hill Samuel and WestLB, focusing on Spain and Portugal. In addition, Mr. Brotman serves on the Board of WattBridge, a developer and operator of peaking power solutions enabling renewable energy growth. Mr. Gershenfeld received a B.S. No software installation. and Analysis of Financial Condition and Results of Operations in the Personal Finance. Alberto Hernandez is a Partner at ACON Investments. Gino Dellomo is a Partner at ACON Investments. USPS, under pressure on costs, contracts trucking companies at cut rates and pushes them to meet aggressive delivery schedules. firm, today announced they have reached an agreement for an affiliate of Mr. Furstein started his career in Goldmans Financial Institutions Group, where he focused on M&A transactions and corporate finance. Cloud in Banking & Payments Filings Trends Q3 2022, Whos saying what? 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. Ms. Whitley earned both her B.S. Mr. Corts serves on the Board of Directors of Citla Energy and Grupo GMI, each ACON fund portfolio companies. Director at Mount Kellett Capital Venture Capital & Private Equity Michael (Mike) Blewitt New York, New York Details April 2012 - Present Managing Director, Chief Administrative Officer at Global Investment Management Firm Financial Services Christopher Savard Greater New York City Area Details June 2015 - Present 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. Prior to BlackRock, Ms. Thever led the North America pension and insurance distribution efforts within JPMorgan Alternative Investment Strategies. Prior to joining ACON in 2009, Mr. Corts worked as a Senior Associate with GP Investments, one of the largest Brazilian private equity firms, and as an Associate in Citigroups Latin America Investment Banking Group in their New York and Mexico City offices. Mr. Hanono spent 15 years as founder, president and CEO of Hidrotenencias, a former ACON fund portfolio company in Panama. with Honors in Economics from Harvard University. in Civil Engineering with a minor in Business Administration from Tulane University and an M.S. Jack Neumark is a Managing Director, serving on the investment committee for the Credit Funds. 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. Fortress Investment Group has agreed to acquire the investment funds and operating platform of Mount Kellett Capital Management. Mr. Corts holds a B.S. Pack is a Managing Partner of the Credit Funds Business. Prior to co-founding ACON in 1996, Mr. Brotman was a Partner of Veritas Capital, a New York-based private equity investment firm. By clicking the Download Free Report button, you accept the terms and conditions and acknowledge that your data will be used as described in the GlobalData privacy policy Previously, Mr. Bawa has served on other ACON portfolio company boards, including among others, Chroma Oil & Gas and Milagro Oil & Gas. Ms. Jolly serves on the Board of Directors of Beauty by Imagination and BioMatrix, each ACON fund portfolio companies. Mr. Schwartz holds a B.A., cum laude, in International Relations with a Minor in Political Science and a B.S.e, cum laude, in Finance with a Minor in Accounting from The Wharton School of the University of Pennsylvania and a J.D./M.B.A. Ankit Vaish is a Principal at ACON Investments. In 2020, Ms. Huang rejoined ACON as Assistant Controller and was promoted to Controller in 2022. Mr. Galvo started his professional career in Merrill Lynchs Latin America Investment Banking Group in New York. 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. The firm currently has approximately $5 billion in assets under management. 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. Prior to SWC, he spent nine years at Demeter Partners, a French clean technology fund, where he was Partner and Country Manager responsible for investments in the Iberian Peninsula. Fortress Investment Group LLC (NYSE:FIG) (Fortress), a leading, in Computer Science, summa cum laude, from the School of Engineering and Applied Sciences, each at the University of Pennsylvania. commitments. He serves on the board of Dori Alimentos, an ACON fund portfolio company. Kenneth Brotman is a Founder and Managing Partner of ACON Investments. Prior to joining Arco, Mr. Hernandez was a Director in the European Mergers and Acquisitions group of UBS in London. 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. 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. 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. 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. Financial terms of the transaction were not Prior to joining Fortress, Mr. Neumark was a Senior Vice President at Plainfield Asset Management, a large distressed debt hedge fund based in Greenwich, CT where he was involved in distressed debt and special situations investments. There, Ms. Bernstein focused on private equity fund formation, private equity investments and M&A. His other former employers include Deutsche Bank and Fortress Investment Group, according to his profile. please visit www.fortress.com. 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 . Mr. DeAraujo started his career at General Electric, with roles in manufacturing management, corporate audit staff and business development. Mr. Marin started his career as an Analyst at Arcano Partners, a privately-owned investment banking boutique based in Madrid, Spain. management as of March 31, 2015. On any device & OS. 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. in International Business from the University of Colorado Boulder, a Master in Finance from IE Business School and has completed the General Management Program (PDG) for directors and senior managers at IESE Business School. Subscribe to see more. 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. and a strong institutional framework, said Mark McGoldrick, Chief 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. 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. Spokespeople for Mount Kellett Capital Management, Louie and Schiller could not be reached for comment. Prior to that, Mr. Machado was an Associate with FM&Co., a cross border M&A advisory boutique in New York. Mr. Vaish also holds an M.B.A. from The Wharton School. Peter M. Smith is a managing director in the Private Equity business at Fortress Investment Group LLC and is also a member of the firms Management Committee. 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. Before that, Mr. 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. Certain statements in this press release may constitute forward-looking Mr. Bass also is a member of the Board of Trustees of the Florida State University Foundation. 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. in Accounting from Liberty University. Prior to that, Mr. Kriger was the Senior Vice-President and Head of Global Strategy for McDonalds Corporation where he was responsible for developing shareholder value building efforts in a number of areas, including international expansion, unit optimization, pricing, innovation, competitive positioning, operations, franchising, organization, new business development and portfolio management. 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. investment professionals who possess deep knowledge of special DCIT Vs M/s. 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. in Finance from Radford University and a M.B.A. in Finance from George Washington University. Prior to joining Perseus, Ms. Bernstein was an Associate in the Corporate and Securities group of Pillsbury Winthrop Shaw Pittmans Washington, DC office, focusing on M&A, private equity and regulatory matters relating to private and public pooled investment vehicles. She is a licensed Certified Public Accountant in the State of Maryland and the Commonwealth of Virginia. Mount 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. Mount Kellett Capital Management is based out of New York. No software installation. Mr. Hernandez serves on the Board of Directors of Amfora Packaging, Banco Credifinanciera, Biosidus, Salesland and Vitalis, each ACON fund portfolio companies. Previously, Ms. Thever served as a Director in the BlackRock Alternative Specialists group where she was a senior product and distribution specialist focused on private equity and real assets. institutional framework of Fortress, a global alternative asset manager Prior to joining Fortress, Mr. The companys revenue gain of 14% is better than expected but slower than its historical pace. Prior to joining ACON in 2018, Ms. from UCLA. He served as interim Chief Executive Officer from December 2011 to July 2013 and was appointed Chief Executive Officer in August 2013. He is a Member of the YPO Gold (U.S. Capital Chapter). Mr. McKnight is a Managing Partner of the Fortress Credit Funds Business. Mr. Neumark received his B.A in European History from Vanderbilt University and his J.D. 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. Mr. Dickens previously served on the board of Betterware de Mexico, Hidrotenencias and InverCap, each prior ACON fund portfolio companies. based. Woo was a staff accountant at a local CPA firm in Virginia, where she managed tax filings and financial reporting for small business clients. Ms. Rodriguez originally joined ACON Investments in 2015 and managed ACONs corporate finance and private fund platforms. Newcastle Investment Corp. completed spin-off of New Residential Investment Corp. Mr. Semmler serves on the Board of Directors of Alsur, Contenur and Formacin Alcal, each ACON Southern Europe portfolio companies. Mr. Aronson has published opinion pieces in The New York Times, The Wall Street Journal, The Washington Post, The New Republic and The Huffington Post, among other publications. Fortress has deep knowledge of the industries in which it invests. Mr. Porter is primarily dedicated to New Mountain's credit business. Prior to joining Bayside in 2012, Mr. Porter worked for Mount Kellett Capital Management, where he focused on distressed credit investing, and . Founded in 1998, Fortress manages assets on behalf of over 1,900 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. these forward-looking statements. Mr. Sandler received a Bachelor of Finance degree from St. Johns University in New York. Prior to co-founding ACON Southern Europe Advisory, Mr. Semmler was a Partner at SWC. Mount Kellett Capital Management LP ("Mount Kellett") is a multi-strategy investment firm focused on global distressed, special situations and opportunistic investing. The transaction is subject to receipt of Mount Kellett investor consent 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. Mount Pack serves as a Director on multiple corporate and philanthropic Boards. JBK Capital Profile and History. Prior to joining ACON in 2009, Mr. Machado was an Associate with Credit Suisses Latin America Investment Banking Group in New York. The firm has reached a deal in principle with Fortress Investment Group LLC for Fortress funds to invest $200 million in Mount Kelletts funds and become a co-manager of them, Mr. McGoldrick and Fortress principal Peter Briger said Friday. Mr. Ladda received a B.A. with Honors in Humanities from The University of Chicago. She is a licensed Certified Public Accountant in the Commonwealth of Virginia. Mr. Knoell previously served on the board of Carulla Vivero, Fybeca, Grupo Sala, SAE Towers and Vetra Energia, among other ACON fund/investment vehicle portfolio companies. The firm closed its first fund, Mount Kellett Capital Partners, in December 2009 Ms. Jolly was at Perseus for 10 years where she led the sourcing, execution, management and sale of several control growth equity and buyout investments. 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. Prior to joining ACON in 2022, Ms. Whitley was a Senior Associate at IQ-EQ, a global fund administration and institutional investor services firm, where she was responsible for fund accounting, financial reporting and investor services for various private equity funds and managers. Growing casualties havent so far shaken Pskov, an impoverished region that is home to the elite Russian paratrooper division that occupied Bucha in Ukraine. The strategic alliance between Mount Kellett and Fortress brings on the Companys website (www.fortress.com). 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. He is a Member of the Council on Foreign Relations and the American Academy of Diplomats. Pack was a Vice President with Wells Fargo & Co. in the capital markets group. Pulley received a B.A. Mr. McKnight serves on the Board for the Center for Politics at the University of Virginia, the Board of Advisors for SMUs Cox School of Business Alternative Asset Management Center and the Board of Center for New American Security. Most of these investments have been through Debt Offering, valued at close to $700 billion. City to pay at least $21,500 to people who said they were boxed in and arrested at June 2020 protest. At Fortress, Ms. Wall managed accounting on a real estate fund and oversaw an accounting team for multiple legacy and new funds. Marta de Oca is an Analyst for ACON Southern Europe Advisory. 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. Mr. Kriger has also held financial analyst positions for Brentwood Capital and First Boston. Mr. Kriger joined the firm in 2017. Mr. Dellomo previously served on the boards of Peter Piper and Refac/U.S. Mount Kellett will benefit from the scale and resources contained within the institutional framework of Fortress, a global alternative asset manager with USD69.9 billion in assets under management. 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. 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. Alfonso Corcuera is a Principal at ACON Investments. Mr. McKnight received a B.A. in Accounting from The University of Texas at Arlington. New Media Investment Group Inc. completed acquisition of Gannett Co. Previously, she served on the board of IIMAK/IIMED, a prior ACON fund portfolio company. Mr. Mr. Mr. Polo serves on the Board of Directors of Amfora Packaging, Biosidus, Salesland and Vitalis, each ACON fund portfolio companies. Prior to joining ACON in 2015, Mr. Cimino was a Vice President at The Rock Creek Group, a DC-based asset management firm, where he managed the overall tax function. Prior to joining ACON in 1998, Mr. Knoell was a Vice President with the Blackstone Group from 1994 to 1998, where he was responsible for the firms investment and advisory business in Latin America. Before Pillsbury, Ms. Bernstein was a Corporate Associate in the New York City office of Paul Weiss. 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. Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Prior to joining Fortress in November 2003, Mr. Bass spent eleven years at Deutsche Bank. 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. 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. 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. 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. Able to adapt quickly and work across different businesses and sectors covered in the group. Daniel Jinich is a Managing Partner at ACON Investments. 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. private equity, credit, liquid hedge funds and traditional asset estimated fund performance and the amount and source of expected capital in Accountancy, concentration in international taxation, from the Virginia Polytechnic Institute and State University (Virginia Tech). {"data":{"demos":[{"value":"GEO","label":"GEO","children":[{"value":"Albania","label":"Albania"},{"value":"Algeria","label":"Algeria"},{"value":"Argentina","label .