in Finance from the University of Maryland, College Park. 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. Prior to that, Ms. Cowen was an associate at the Argentum Group, a venture capital firm, where she was invested in several domestic roll-up transactions. Mr. Hernandez serves on the Board of Directors of Amfora Packaging, Banco Credifinanciera, Biosidus, Salesland and Vitalis, each ACON fund portfolio companies. 561 Broadway Ste 10C, New York, New York, 10012, United States. The transaction is subject to receipt of Mount Kellett investor consent Mount Kellett Capital Management is based out of New York. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address. Fortress has refined a set of tools for assessing operational, structural and strategic challenges. on the Companys website (www.fortress.com). Prior to starting these roles in 2022, Mr. Machado was a Director of ACON. Alfonso Corcuera is a Principal at ACON Investments. Mount Kellett Capital Management LP ("Mount Kellett") raised a number of focused global distressed, special situations and opportunistic investment funds. amounts may differ, possibly materially, from these forward-looking 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. Ms. Kulkarni holds a B.S. This copy is for your personal, non-commercial use only. Subscribe to see more . .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved, Claim 20% off your purchase with DSW coupon code, Get $5 Off Orders $25+ with Free Shipping, Final Early Bird Pricing! Masumi Waida is the Chief Financial Officer of ACON Investments. 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. Jose Miguel Knoell is a Managing Partner at ACON Investments. Certain statements in this press release may constitute forward-looking 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. Nardone is a principal and has been a member of the Board of Directors of Fortress Investment Group LLC since November 2006. 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. Mr. Campanelli earned his B.A. Before that, Mr. Semmler was a Managing Partner at GED Capital, a Spanish mid-size private equity firm. 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). Prior to co-founding ACON in 1996, Mr. Aronson was International Advisor to Goldman Sachs for Latin America. Weiyan Huang is a Controller at ACON Investments. 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. Mr. Semmler serves on the Board of Directors of Alsur, Contenur and Formacin Alcal, each ACON Southern Europe portfolio companies. Founded in 2008, Mount Kellett has offices in New York, Dallas, Hong Kong, London, Mumbai, and Mauritius. Job Title: Management Accountant - Group and Vision Vehicles. Previously, Mr. Corts served on the board of Waldos, which merged into Grupo Vizion, a current ACON portfolio company, and Hidrotenencias, a former ACON portfolio company. 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. estimated fund performance and the amount and source of expected capital Mr. Galvo started his professional career in Merrill Lynchs Latin America Investment Banking Group in New York. There, Ms. Bernstein focused on private equity fund formation, private equity investments and M&A. 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. Prior to BlackRock, Ms. Thever led the North America pension and insurance distribution efforts within JPMorgan Alternative Investment Strategies. The transaction, subject to Mount Kellett investor approval and other approvals, is scheduled to close on or about 30 June 2015. 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. for Mount Kellett Capital Management LP. 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. 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. 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. Pack is also the Co-CIO of Credit & Lending Funds at Fortress. Blackstone. Growing casualties havent so far shaken Pskov, an impoverished region that is home to the elite Russian paratrooper division that occupied Bucha in Ukraine. with Honors in Humanities from The University of Chicago. and Analysis of Financial Condition and Results of Operations in the Mr. Hernandez also completed a concentration in economics and political sciences at the London School of Economics as a general course student. Diana Isunza is an Administrative Director at ACON Investments. Mr. Edens received a B.S. Mr. DeAraujo started his career at General Electric, with roles in manufacturing management, corporate audit staff and business development. United States of America +1 212.756.2407 Phone stuart.freedman@srz.com Download vCard + View Details Stuart D. Freedman focuses his practice on mergers and acquisitions, private equity and securities, representing various well-known money managers in connection with a variety of acquisitions and control and non-control investments. 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. In addition, Mr. McKnight is a member of the Council on Foreign Relations. The strategic alliance between Mount Kellett and Fortress brings Prior to joining ACON in 2020, Ms. Joo was a Senior Tax Manager at KPMG in its Business Tax Services group where she worked on a variety of clientele with a focus on private equity. We are pleased to join with Mount Kellett and their experienced team of Mr. Brotman has previously served on numerous boards of ACON fund/investment vehicle portfolio companies, including Carulla Vivero, Fairway Media Group, Fiesta Mart, Florimex International, GBarbosa Comercial, Grupo Sala, idX, Igloo Products, Refac/U.S. Mr. Neumark also heads the Legal Assets Group of the Credit Funds Business at Fortress Investment Group LLC and is a member of the management committee of Fortress. 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 Fortress, Ms. Wall was the Assistant Corporate Controller at Mount Kellett Capital Management, a multi-strategy investment firm where she was instrumental in transitioning accounting functions to the Texas . Additionally, affiliates of Fortress will become special limited Pack is a Managing Partner of the Credit Funds Business. 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. 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. 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. USPS, under pressure on costs, contracts trucking companies at cut rates and pushes them to meet aggressive delivery schedules. in Chemical Engineering from Universidad Iberoamericana in Mexico City and is currently a CFA Level 1 candidate. She began her career in the audit practice at KPMG. Mr. Dellomo holds a B.S. Pack was a Vice President with Wells Fargo & Co. in the capital markets group. 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. 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. Produce three-year business plans including cashflow forecasts. press release. Maria Beatriz Segura is a Senior Associate, Legal and Compliance at ACON Investments. Prior to joining Fortress in June 2010, Mr. Runt served for seven years at Fannie Mae, most recently as Managing Director of Communications, Investor Relations. Henderson Park said it bought Le Mridien Etoile from U.S. group Mount Kellett Capital Management and U.K.-based Cedar Capital. private equity, credit, liquid hedge funds and traditional asset Thomas W. Pulley joined Fortress in 2007 and is the Head of the Fortress Credit Real Estate business and is also a member of the firms Management Committee. Launched Fortress Real Estate Opportunities Fund II, Fortress Transportation and Infrastructure Investors LLCs Initial Public Offering on the NYSE, Agreed to co-manage Mount Kellett investment funds and related accounts, Launched Liquid Markets Affiliated Manager Platform, Newcastle Investment Corp. completed spin-off of New Media Investment Group, Newcastle Investment Corp. completed spin-off of New Senior Investment Group. in Economics from Texas A&M University and a J.D. Mr. Nardone has been a member of the Management Committee of Fortress since 1998. 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. Dakolias received a B.S. investment funds and related accounts (collectively, the Funds). Who is JBK Capital. please visit www.fortress.com. Prior to joining Fortress in March 2002, Mr. Briger spent fifteen years at Goldman, Sachs & Co., where he became a partner in 1996. Capital. Prior to joining ACON in 2022, Mr. Zaidi was an Associate at The Ziegler Companies Inc., where he worked on mergers and acquisitions, strategic advisory and capital formation engagements for clients in the healthcare services and healthcare information technology sectors. from Boston University. 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. support of a global operational platform and the combined asset 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. 175+ Exhibitors Projected: Geo Week's vendor-neutral show floor is a one-stop-shop for the newest technology. 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. The Version table provides details related to the release that this issue/RFE will be addressed. Mr. Runt is a member of the firms Management Committee. Outside of ACON, Mr. Kriger also serves as a Director of the Lurie Childrens Hospital in Chicago, Illinois. disciplined investment acumen, a deep understanding of our strategies Understand how government agencies for economies around the world use GlobalData Explorer to: Building an Innovative Financial Technology Ecosystem in Scotland. The. Mr. Semmler earned a B.S.B.A. 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. 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. Partner. Rodrigo Galvo is a Partner at ACON Investments. Mr. Machado worked previously at MTN Capital Partners, a private equity firm in New York as well as in the principal investments division of FUNBEP pension fund in Brazil. Prior to joining Bayside in 2012, Mr. Porter worked for Mount Kellett Capital Management, where he focused on distressed credit investing, and . During the summer of 2015 Mount. 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. JBK Capital is a private equity and advisory firm focused on opportunistic investment opportunities. 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. Marin started his career as an Analyst at Arcano Partners, a privately-owned investment banking boutique based in Madrid, Spain. Mr. Bass also is a member of the Board of Trustees of the Florida State University Foundation. Mr. Kriger serves on the Board of Directors of the following ACON fund portfolio companies: Atlantic Sustainable Catch, Funko and Novipax. Mr. McKnight is a Managing Partner of the Fortress Credit Funds Business. Prior to joining ACON in 2022, Ms. Redburn was an Operations Manager at Little Ambassadors' Academy in Northern Virginia, where she was responsible for budget and office management, general school operations, external communications and supervision of teaching staff. 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. In 2002, Mr. Adams served as the first Executive Director of the United States Air Transportation Stabilization Board. together teams with significant special situations experience and sector 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. Securely download your document with other editable templates, any time, with PDFfiller. Prior to joining ACON in 2018, Ms. Under the alliance, Mount Kellett affiliates will continue to serve as general partner of the funds, while Fortress affiliates will become special limited partners of the funds. Mr. Aronson serves on the Board of Directors of Sequitur Energy Resources, an ACON fund portfolio company. in Finance from Radford University and a M.B.A. in Finance from George Washington University. management fees, incentive income and investment income (loss), 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 that, Mr. Vaish was an Analyst at Raymond James, where he worked on mergers and acquisitions transactions within the Consumer and Retail industries. in History from Brandeis University and an M.B.A. from the Harvard Business School. Investments are focused primarily across North America, Asia, and Greater Europe. He has served on the board of several companies in various industries, including infrastructure, manufacturing, hospitality and business process outsourcing. Mr. Furstein received a B.A. The Foundation was funded with a portion of the proceeds from the sale of Carulla Vivero, a prior ACON fund portfolio company. 10. Pulley is the Chief Investment Officer of the Fortress Real Estate Opportunities Funds which opportunistically invest primarily in the US and Europe. He previously served on the board of Impremedia, Magic Media, Peter Piper, Radiovisa and RMH Franchise Investments among other prior ACON fund/investment vehicle portfolio companies. The companys revenue gain of 14% is better than expected but slower than its historical pace. 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. Marcos Llado is a Managing Partner and co-founder of ACON Southern Europe Advisory. Mr. Aronson previously served on several public company boards, including Hyatt Hotels, Royal Caribbean International and Liz Claiborne. Mr. Mr. Dellomo has also held corporate finance and principal investing positions with MCG Capital Corporation and Deutsche Bank Securities. Henderson Park paid 365 million ($392 million) for the hotel, a . In addition, Mr. Brotman serves on the Board of WattBridge, a developer and operator of peaking power solutions enabling renewable energy growth. Contact. She is a licensed Certified Public Accountant in the State of Maryland and the Commonwealth of Virginia. 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. : fill, sign, print and send online instantly. Mr. Sandler received a Bachelor of Finance degree from St. Johns University in New York. 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. No software installation. He served as interim Chief Executive Officer from December 2011 to July 2013 and was appointed Chief Executive Officer in August 2013. from Boston University School of Law. View source version on businesswire.com: http://www.businesswire.com/news/home/20150522005960/en/, Fortress Investment Group LLCGordon E. Runt, 1-212-798-6082orMount The firm has over 100 employees with offices in New York, Hong Kong, London, and Mumbai. Personal Finance. Fortress Investment Group has agreed to acquire the investment funds and operating platform of Mount Kellett Capital Management. with $69.9 billion in assets under management. Gordon E. Runt is a managing director at Fortress Investment Group LLC and head of public investor relations and corporate communications. contained in any forward-looking statements. 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. The Company global value, special situations and opportunistic investing across Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. Mr. Hurley holds a B.S. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Woo was a staff accountant at a local CPA firm in Virginia, where she managed tax filings and financial reporting for small business clients. NEW YORK--(BUSINESS WIRE)-- Mr. Briger is Co-Chief Executive Officer of Fortress and has been a member of the board of directors of Fortress since November 2006. She is a Fulbright Scholar and published author. In this role, he designed and oversaw the implementation of financial reporting, tax, compliance and asset management systems, policies and procedures. The . Previously, he was an Investment Banking Associate with Banco Santander, where he advised clients in corporate finance and cross-border M&A assignments. Mr. Dakolias is a Managing Partner of the Fortress Credit Funds Business. 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. Capital. Among his current positions, Mr. Ginns serves on the board of Sequitur Energy Resources. Mr. Aronson holds a B.A. in Finance from Concordia University in Montreal, Canada and an International M.B.A. with Honors from IE Business School in Madrid, Spain. in Economics from the University of Virginia. CNNMoney (New York) First published July 16, 2018: 3:25 PM ET. 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. Accordingly, you should not Mr. Schwartz joined the firm in 2014. 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. He currently serves on the board of Lindblad Expeditions Holdings Inc. (NASDAQ:LIND). Jonathan Ginns is a Founder and Managing Partner of ACON Investments. In addition, Mr. Briger serves on the board of several charitable organizations, including the UCSF Foundation and Tipping Point. from Columbia University and an M.B.A. from the Wharton School at the University of Pennsylvania. 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 . 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. Mr. Menges began his career with PwC in the New York Asset Management Practice. Mr. Corts holds a B.S. 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 . Jessica Redburn is an Operations and Administrative Manager at ACON Investments. 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. in English and Biology from the University of Connecticut and a J.D. He previously served as managing director and head of sales, marketing and distribution for Oppenheimer and Company's Alternative Investment Group. Our investment model benefits from collaboration among our investment teams and brings to bear all of our diverse resources and perspectives. Founded in 2008, Mount Kellett has offices in New York, Dallas, Hong Kong, London, Mumbai, and Mauritius. Ms. Cowen received a B.S. pleased to be able to do so again., Fortress has a world class Credit business, with exceptional people, Mount Kellett Capital Management/Fortress Investment Group Jul 2012 - Mar 20163 years 9 months Irving, TX Global head of real estate asset management. David Menges is a Controller at ACON Investments. diversified global investment management firm, and Mount Kellett Capital Such forward-looking Mount Kellett is a distressed-asset investment specialist founded in 2008 by former Goldman Sachs star Mark "Goldfinger" McGoldrick. In addition, Mr. Kriger 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. Porter is primarily dedicated to New Mountain's credit business. Marta de Oca is an Analyst for ACON Southern Europe Advisory. Mr. Mr. Archila holds a B.S. Fortress Principal and Co-Chairman of the Board of Directors. 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. Prior to joining ACON in 2005, he was an Associate with Constellation Commodities Group where he was responsible for origination, structuring, evaluation and negotiation of the firms principal investments. 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. Mr. Gershenfeld received a B.S. The firm currently has approximately $5 billion in assets under management. Mount 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.

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