statements, and any such differences could cause the Companys actual Ms. Truong holds a B.S. Subscribe to see more. headquartered in New York. Mr. Brooks received a B.S. The. The region has provided attractive investments in a diverse set of companies. CNNMoney (New York) First published July 16, 2018: 3:25 PM ET. Mr. DeAraujo began working with ACON in 2017. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Produce three-year business plans including cashflow forecasts. in Economics from the Wharton School at the University of Pennsylvania and a J.D. The firm has over 100 employees with offices in New York, Hong Kong, London, and Mumbai. He has served on the board of several companies in various industries, including infrastructure, manufacturing, hospitality and business process outsourcing. Able to adapt quickly and work across different businesses and sectors covered in the group. addition, we have worked with Mark McGoldrick for decades and are Mr. Smith received a B.B.A. in Civil and Environmental Engineering from Massachusetts Institute of Technology. {"data":{"demos":[{"value":"GEO","label":"GEO","children":[{"value":"Albania","label":"Albania"},{"value":"Algeria","label":"Algeria"},{"value":"Argentina","label . 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. Founded as a pure private equity firm in 1998, Fortress has transitioned into a highly diversified, global investment manager. Outside of ACON, Mr. Kriger also serves as a Director of the Lurie Childrens Hospital in Chicago, Illinois. He started his career at HSBC and Lloyds Bank, where he spent seven years in corporate banking and structured finance. 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. Founded in 2008, Mount Kellett has offices in New York, Dallas, Hong Kong, London, Mumbai, and Mauritius. Capital. Santiago Delgado is an Operating Director who works directly with certain portfolio companies of funds sponsored by ACON Investments providing advice on a range of operational issues. Mount Kellett is a distressed-asset investment specialist founded in 2008 by former Goldman Sachs star Mark "Goldfinger" McGoldrick. Mr. Waida began his career at PricewaterhouseCoopers, where he worked in assurance in New York and Canada serving a range of industry-leading clientele, including private equity and hedge funds, fund of funds, mutual funds, and consumer and industrial products and services companies. degree from the Wharton School at the University of Pennsylvania with concentrations in finance, accounting and multinational management. Juan Pablo Archila is an Associate at ACON Investments. Our professionals drive our success with the shared objective of building a better future for our investors, employees and customers. together teams with significant special situations experience and sector 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. Daniel N. Bass is the Chief Financial Officer of Fortress Investment Group LLC, and is also a member of the firms Management Committee. see the sections entitled Risk Factors and Managements Discussion Mr. Vaish holds a B.S. Mr. Marn serves on the Board of Directors of Alsur, an ACON Southern Europe portfolio company. She is a licensed Certified Public Accountant in the State of Maryland and the Commonwealth of Virginia. Mr. McKnight received a B.A. 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. Mr. Nardone has been a member of the Management Committee of Fortress since 1998. Fixed: Release in which this issue/RFE has been fixed.The release containing this fix may be available for download as an Early Access Release or a General Availability Release. Alejandro Hanono W. is an Executive Partner at ACON. 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. Before that, he was a Senior Consultant at the Monitor Company. Pack was a Vice President with American Commercial Capital, an independent specialty finance company focused on corporate and real estate lending to middle market businesses that was subsequently acquired by Wells Fargo & Co. in 2001. 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 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. these forward-looking statements. Mr. Kriger joined the firm in 2017. Previously, he was an Analyst at Deutsche Bank, where he worked on M&A and leveraged finance transactions in the Consumer and Retail industries. Private Equity &Permanent Capital Vehicles2. Previously, Mr. Kriger was also Senior Vice-President and Head of Global Strategy for Starwood Hotels and Resorts and Vice-President, Strategic Planning for The Walt Disney Company. At ACON, we value diversity. Whalewisdom has at least 32 13F filings, 34 13D filings, and 21 13G filings. Mr. Waida received a Bachelor of Commerce degree from the University of Alberta and holds a Chartered Professional Accountant, Chartered Accountant designation from the Chartered Professional Accountants of Canada. place undue reliance on any forward-looking statements contained in this 175+ Exhibitors Projected: Geo Week's vendor-neutral show floor is a one-stop-shop for the newest technology. The transaction, subject to Mount Kellett investor approval and other approvals, is scheduled to close on or about 30 June 2015. Prior to Monomoy, Mr. Scielzo was a Principal at Allied Capital and the Director of Portfolio Management and Analysis at the Riverside Company. 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? Such a sale could bring in money that would help stave off default at the network operator. Daniel Jinich is a Managing Partner at ACON Investments. of any forward-looking statement will be obtained. The senior leadership of Mr. Hanono has been an operating executive for more than 25 years focusing on business development and public and private equity investments and has held leading executive roles. 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 3i, he worked in the investment banking division of Bank of America Merrill Lynch, where he worked on transactions involving mergers and acquisitions as well as equity and debt issuances. From 1989 through 1993, Mr. Aronson served as U.S. Assistant Secretary of State for Inter-American Affairs under Presidents Bush and Clinton. These statements are not historical facts, but instead in Physics from Columbia University. Aron Schwartz is a Managing Partner at ACON Investments. Ltd. (ITAT Mumbai) Conclusion: Since the director was not a shareholder when bonus was paid to him and also the bonus was not paid out of the earlier years' accumulated profits, therefore, deduction of bonus paid to director was allowable under 36(1)(ii). David N. Brooks succeeded as the general counsel of Fortress Investment Group LLC in February 2007. The former honors student went from living in a luxury penthouse with other executives at FTX to becoming the latest member of the crypto exchanges inner circle to plead guilty to fraud. She also served as a board director of seven Perseus portfolio companies. Mr. Edens is Co-Chief Executive Officer of Fortress and has been a member of the board of directors of Fortress since November 2006. He serves on the board of Dori Alimentos, an ACON fund portfolio company. Prior to starting these roles in 2022, Mr. Machado was a Director of ACON. 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. He joined GED Capital from the Spanish public company AESA, which belongs to the SEPI Group, where he was the Finance Director. 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. 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 . 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. Fernando Tena is an Associate at ACON Investments. David Menges is a Controller at ACON Investments. Bradley received a Bachelor of Science degree degree from . Mr. Mariani holds a Bachelors in Business Administration from Fundao Getulio Vargas (FGV-EAESP). Mr. Aronson previously served on several public company boards, including Hyatt Hotels, Royal Caribbean International and Liz Claiborne. in Industrial Engineering with a minor in Business Law from Universidad de los Andes in Bogot, Colombia. Prior to Welsh Carson, he spent over six years at Bain & Company, where he was a Principal, with a focus on increasing value of mid-market private equity companies. Mr. Dellomo has also held corporate finance and principal investing positions with MCG Capital Corporation and Deutsche Bank Securities. Pack has 20 years of credit investment and workout experience through multiple credit cycles. 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. 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. 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. As of September 30, Fortress managed $43.6 billion among its four businesses. 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. Mr. Machado holds a B.S. Certain statements in this press release may constitute forward-looking 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. United States. In addition, Mr. McKnight is a member of the Council on Foreign Relations. Long-term investments in established or emerging category-leading businesses, partnering with management teams to unlock potential for growth and value creation. The . Following his service, he was again awarded the Distinguished Service Medal. Mr. Corcuera holds a B.A. Henderson Park said it bought Le Mridien Etoile from U.S. group Mount Kellett Capital Management and U.K.-based Cedar Capital. Prior to that, Mr. Machado was an Associate with FM&Co., a cross border M&A advisory boutique in New York. Pack has analyzed, structured and negotiated hundreds of lending, structured equity and real estate transactions. Summary. Both companies were sold to Wells Fargo in 2001. 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). In 2002, Mr. Adams served as the first Executive Director of the United States Air Transportation Stabilization Board. Previously, Mr. Bawa has served on other ACON portfolio company boards, including among others, Chroma Oil & Gas and Milagro Oil & Gas. Complete a blank sample electronically to save yourself time and money. results to differ materially from the results expressed or implied by Mr. Kriger serves on the Board of Directors of the following ACON fund portfolio companies: Atlantic Sustainable Catch, Funko and Novipax. Previously Mr. Kriger served on the board of RMH Franchise Investments, an ACON fund portfolio company. Novogratz's liquid hedge funds have. In this role, he designed and oversaw the implementation of financial reporting, tax, compliance and asset management systems, policies and procedures. Prior to commencing to consult for ACON in 2021, Ms. Segura was a Senior Associate at Mendoza Abogados, a boutique Colombian law firm, where she worked on cross-border financings, M&A and leveraged transactions. any change in the Companys expectations with regard thereto or any In addition, Mr. Bawa serves on the Board of WattBridge, a developer and operator of peaking power solutions enabling renewable energy growth. from the University of Pennsylvania Law School in Philadelphia, Pennsylvania, where she also earned the Wharton Business and Law Certificate. She is a licensed Certified Public Accountant in the Commonwealth of Virginia. management fees, incentive income and investment income (loss), Mr. McKnight is also the Co-CIO of the Drawbridge Special Opportunities Fund, the Fortress Lending Funds and Fortress Credit Opportunities Funds. NEW YORK--(BUSINESS WIRE)-- Moby-Dick; or, The Whale is an 1851 novel by American writer Herman Melville. Prior to co-founding ACON Southern Europe Advisory, Mr. Llado acted as an advisor on a number of private equity transactions including Magnum Capital Industrial Partners acquisition of Orliman. Mr. Dickens previously served on the board of Betterware de Mexico, Hidrotenencias and InverCap, each prior ACON fund portfolio companies. Anjali Jolly is a Partner at ACON Investments. Ms. Cowen began her career as an analyst at The Blackstone Group in the private equity and M&A groups. support of a global operational platform and the combined asset contained in any forward-looking statements. 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 earned her Bachelors in Accounting from Zhongnan University of Economics and Law in China and her M.B.A. from The George Washington University. 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. JBK Capital has invested in, or advised on over $700 million of transactions since its . While at Espiga, the firm invested in 13 platform companies and realized six exits Mr. Llado served on the board of five of these companies. 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. 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 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. Semmler earned a B.S.B.A. Mr. Dakolias received a B.S. CJ Cimino is the Director of Finance at ACON Investments. 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 founding SandsPoint Capital Advisors LLC, Kevin served as the Chief Operating Officer and Chief Financial Officer for Mount Kellett Capital Management, a $3 billion first time. Investment Officer of Mount Kellett. The firm currently has approximately $5 from Princeton University and an M.B.A. from the Wharton School of Business at the University of Pennsylvania. 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. Funds. At Fortress, Ms. Wall managed accounting on a real estate fund and oversaw an accounting team for multiple legacy and new funds. in Engineering from the University of Cincinnati and an M.B.A. from Harvard Business School. 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.