The electric-vehicle maker has suggested it might provide updates on a grab bag of topics, from manufacturing plans to its long-awaited Cybertruck pickup and in-house battery cell efforts. Outside of ACON, Mr. Kriger also serves as a Director of the Lurie Childrens Hospital in Chicago, Illinois. Continue reading your article witha WSJ subscription, Already a member? David Sandler is a Director of Treasury and Operations at ACON Investments. 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. Mr. Cimino earned his B.S. Marcos Semmler is a Managing Partner and co-founder of ACON Southern Europe Advisory. Resolved: Release in which this issue/RFE has been resolved. disciplined investment acumen, a deep understanding of our strategies and specialized expertise across a range of investment strategies - Prior to this he was the Chief Operating Officer at Limiar Capital Management, a Virginia-based investment management firm focused on global emerging markets. Moby-Dick; or, The Whale is an 1851 novel by American writer Herman Melville. 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). Previously, Mr. Archila was an Analyst in BTG Pactuals Investment Banking division and an Analyst at Axia Investment Banking, a Colombian investment banking firm, where he provided M&A and capital raising advisory services across various sectors, including retail, financial, industrials and IT, among others. Previously, Mr. Bawa has served on other ACON portfolio company boards, including among others, Chroma Oil & Gas and Milagro Oil & Gas. United States. Prior to joining Fortress in April 2004 as the Deputy General Counsel, Mr. Brooks spent nearly eight years at Cravath, Swaine & Moore LLP, where he specialized in mergers and acquisitions, capital markets transactions, including initial public offerings and high-yield debt issuances, and providing corporate governance advice to large public companies. Over the course of his career at Deutsche Bank, he held the positions of managing director of DB Capital Partners and managing director, Global Business Area Controller of Deutsche Banks Corporate Investments Division. Mr. Campanelli earned his B.A. billion in assets under management. 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. His other former employers include Deutsche Bank and Fortress Investment Group, according to his profile. 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. Mr. Knoell received a B.A. Mr. Aronson holds a B.A. Previously based in New York, Mr. Campanelli primarily focused on the treasury function at multi-strategy hedge fund managers BlueMountain and BlueCrest Capital. see the sections entitled Risk Factors and Managements Discussion in Industrial Engineering with a minor in Business Law from Universidad de los Andes in Bogot, Colombia. Ms. Whitley earned both her B.S. In this role, he designed and oversaw the implementation of financial reporting, tax, compliance and asset management systems, policies and procedures. in English and Biology from the University of Connecticut and a J.D. 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. 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. 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 . in Finance from Oregon State University. in History from Brandeis University and an M.B.A. from the Harvard Business School. 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 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. 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. From 1998 to 2011, he worked with Merrill Lynch Global Private Equity in So Paulo and London, where he was promoted to Managing Director. in Economics from Massachusetts Institute of Technology. Mr. Neumark received his B.A in European History from Vanderbilt University and his J.D. Mr. Aronson previously served on several public company boards, including Hyatt Hotels, Royal Caribbean International and Liz Claiborne. Most of these investments have been through Debt Offering, valued at close to $700 billion. Mr. McKnight is also the Co-CIO of the Drawbridge Special Opportunities Fund, the Fortress Lending Funds and Fortress Credit Opportunities Funds. Mr. Ladda was also on the group's risk management and due diligence committees. Last year, members of a committee of investors, which represents 77% of the 1.8 billion PIK loan, were funds affiliated with each of Alcentra Ltd., Fortress Investment Group/Mount Kellett Capital Management, GoldenTree Asset Management LP, HIG Capital International Advisors LLP/Bayside Capital, Sound Point Capital Management LP, and Varde . 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. 1/25/2014. In 2002, Mr. Adams served as the first Executive Director of the United States Air Transportation Stabilization Board. NIGHT'S BLACK AGENTSDIRECTOR'S HANDBOOKkenneth hite gareth ryder-hanrahanby and night's black agentsdirector's. Prior to starting these roles in 2022, Mr. Machado was a Director of ACON. revisions to any forward-looking statements contained herein to reflect in Economics, cum laude, with a concentration in Finance from Instituto Tecnolgico Autnomo de Mxico (ITAM), where his thesis was awarded an honors distinction by the Mexican Stock Exchange (BMV). Mr. Dellomo previously served on the boards of Peter Piper and Refac/U.S. DCIT Vs M/s. 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. Mr. Ginns has also previously served on the Board of Directors of several public companies including Mariner Energy (NYSE:ME) and Northern Tier Energy (NYSE:NTI), each realized ACON fund portfolio companies and Optimal Group (NASDAQ:OPMR) In addition, Mr. Ginns 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). 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. Ms. Huang began her career at Digital Intelligence Systems, LLC (DISYS), a global staffing and IT consulting services company, where she managed the accounting operations for the U.S. parent entity as well as over 10 international subsidiaries. Aron Schwartz is a Managing Partner at ACON Investments. Such forward-looking Fortress Investment Group has agreed to acquire the investment funds and operating platform of Mount Kellett Capital Management. estimated fund performance and the amount and source of expected capital 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. Mr. Menges holds a B.S. David N. Brooks succeeded as the general counsel of Fortress Investment Group LLC in February 2007. Do whatever you want with a Town Offices, 302 Pine St, Minturn, CO, City Government: fill, sign, print and send online instantly. Mr. Scielzo began working with ACON in 2013. situations and opportunistic investing, said Peter L. Briger, Jr., Weiyan Huang is a Controller at ACON Investments. with Honors in Quantitative Economics from Stanford University and an M.B.A. from the Harvard Business School. Last chance for up to $40 off TurboTax, In-App Exclusive: 33% Off | adidas Promo Code, 60% off running shoes and apparel at Nike without a promo code. He is also a CFA Charterholder. Masumi Waida is the Chief Financial Officer of ACON Investments. 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. Able to adapt quickly and work across different businesses and sectors covered in the group. Mr. Marn serves on the Board of Directors of Alsur, an ACON Southern Europe portfolio company. Mr. Dakolias also serves on Fortresss Management and Operating Committees. Mo Bawa is a Partner at ACON Investments. Companys control. In addition, Mr. Galvo has been involved with private equity investments in Debenhams, Dominet Bank, Juncadella Prosegur, Procomp and Rexel. Zwirn & Co. in Finance from Georgetown University. Previously, he was an Analyst at Deutsche Bank, where he worked on M&A and leveraged finance transactions in the Consumer and Retail industries. with Honors in Humanities from The University of Chicago. Distressed and undervalued assets (some with limited current cash flows and long investment horizons) and tangible & intangible assets (real estate, capital assets, natural resources and intellectual property) 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. On any device & OS. Prior to joining ACON in 2013, Ms. Bernstein worked at Perseus, a Washington, DC-based middle-market private equity firm, where she was also Chief Legal Officer and Chief Compliance Officer. Mr. Ladda is also a member of the Managed Funds Association (MFA) Investor Relations and Business Development Forum Steering Committee and also a founder of the Capital Raising and IR Forum. in Economics, Management and Public Policy from Rice University and an M.B.A. from The Anderson School at UCLA. from the University of Pennsylvania Law School in Philadelphia, Pennsylvania, where she also earned the Wharton Business and Law Certificate. 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. 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. 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 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. from UCLA. Investments are focused primarily across North America, Asia, and Greater Europe. in Civil Engineering with a minor in Business Administration from Tulane University and an M.S. Mr. Gershenfeld received a B.S. 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. Agreement for Fortress to Co-Manage Mount Kellett Funds. specific knowledge, particularly in credit and global real estate. Mount Kellett is a multi-strategy private investment firm focused on Claudia Aguilar is a Director, Sustainability and ESG at ACON Investments. 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. Overview: investment funds and related accounts (collectively, the Funds). for Mount Kellett Capital Management LP. Mr. Scielzo served on the Board of Directors of Refac/U.S. 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. de Oca earned a Bachelors in Business Administration from Universidad Carlos III de Madrid (UC3M). Mr. Nardone has been a member of the Management Committee of Fortress since 1998. The latest litigation news involving the company Mount Kellett Capital Management () firm, today announced they have reached an agreement for an affiliate of 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. Prior to joining ACON Southern Europe Advisory, Mr. Marin was an Investment Manager at SWC. Mr. Yano holds a Bachelors in Business Administration from Fundao Getulio Vargas (FGVEAESP). Prior to joining ACON in 2000, Mr. Jinich was a senior investment professional with Hicks, Muse, Tate & Furst, based in Dallas. Ms. Isunza holds a B.S. Mr. Hernandez also completed a concentration in economics and political sciences at the London School of Economics as a general course student. and certain other approvals and the execution of definitive agreements. based. Use the CB Insights Platform to explore Fortress Investment Group's full profile. 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. in Finance from Radford University and a M.B.A. in Finance from George Washington University. Ryan Rice is a Principal at ACON Investments. As of September 30, Fortress managed $43.6 billion among its four businesses. amounts may differ, possibly materially, from these forward-looking 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. Outside of ACON, Mr. Brotman was a member of the Board of Directors of Foundation Carulla, one of Colombias most successful early childhood development and education non-profits for underprivileged children, and previously served as its chairman. Jaime Marin is an Investment Director for ACON Southern Europe Advisory. Mr. Schwartz has co-led investments in or served as a board member for numerous private companies prior to joining ACON, including among others, the following businesses: Simmons, Riddell Bell Sports, 1-800 Contacts, Commonwealth Laminating, i-Robot and Harry Winston. Prior to Fir Tree, Mr. McKnight worked at Goldman, Sachs & Co. in Leveraged Finance and the Distressed Bank Debt trading group. Jorge Dickens is a Managing Partner at ACON Investments. Mr. Scielzo began his career at McKinsey. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Co-Head of US Real Estate Goldman Sachs. Prior to that, Mr. Gershenfeld was an associate in the tax department at Sullivan & Cromwell. Whalewisdom has at least 32 13F filings, 34 13D filings, and 21 13G filings. Newcastle Investment Corp. completed spin-off of New Residential Investment Corp. 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. Mr. Briger has been a member of the Management Committee of Fortress since 2002. 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. Pedro Mariani is an Associate at ACON Investments. Mr. Hurley is a licensed Certified Public Accountant in Maryland. These tools allow Fortress to engage in and extract value from complex investments. 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. CJ Cimino is the Director of Finance at ACON Investments. Such a sale could bring in money that would help stave off default at the network operator. 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. Before that, he was a Senior Consultant at the Monitor Company. Woo was an Accounting Manager at the Korea International Trade Association (KITA) Washington Center, where she was responsible for the financial statement, commercial leasing and full range of property accounting. 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. The transaction is subject to receipt of Mount Kellett investor consent Mr. Galvo started his professional career in Merrill Lynchs Latin America Investment Banking Group in New York. Fortress has deep knowledge of the industries in which it invests. Prior to joining Arco, Mr. Hernandez was a Director in the European Mergers and Acquisitions group of UBS in London. In addition, Mr. Edens was formerly a partner and managing director of Lehman Brothers. Pack has 20 years of credit investment and workout experience through multiple credit cycles. The developers behind the long-stalled Flushing Commons project are about to sign off on about $300 million in debt and equity financing for phase one of the massive mixed-use Queens complex.. 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. 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. Prior to joining ACON in 2018, Ms. Mr. Knoell started his professional career as an Analyst in the mergers and acquisitions group of S.G. Warburg in Madrid, Spain. Vision, Spencer Spirit (Spencers Gifts and Spirit Halloween) and SAE Towers. in Engineering from the University of Cincinnati and an M.B.A. from Harvard Business School. management - on behalf of approximately 1,700 institutional clients and Mr. 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. Investment performance is our cornerstone - we strive to generate strong risk adjusted returns for our investors over the long term. Private-sector readings show job postings receding more than government reports of job openings. In this position, Roger oversaw. Mr. Kriger has also held financial analyst positions for Brentwood Capital and First Boston. Mr. Corts worked previously at Protego Asesores as well as at Booz Allen in Mexico City. Opportunistic lending situations & distressed assets (loans, assets and corporate securities), Publicly traded companies that invest in a wide variety of real estate related assets, transportation & infrastructure and media related assets.General buyout and sector-specific funds focused on control-oriented investments in cash-flow generating assets and asset-based businesses in North America, the Caribbean and Western Europe. There, Ms. Bernstein focused on private equity fund formation, private equity investments and M&A. Subscribe to see more. commitments. Woo earned a B.S. and a strong institutional framework, said Mark McGoldrick, Chief it is not possible for the Company to predict or assess the impact of in Business Administration from the Universidad Autnoma de Madrid and completed a Specialized Program in Business Valuation at Instituto de Estudios Bursatiles. 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. analyst for the Real Estate Special . Before joining UBS in 1997, Mr. Nardone was a principal of BlackRock Financial Management, Inc. Mr. DeAraujo received a B.S., with honors, in Mechanical Engineering from Michigan State University and an M.B.A. from the Harvard Business School. Fortress to become co-manager with Mount Kellett of the Mount Kellett Today in Naval History - Naval / Maritime Events in History 14 November 1851 - Moby-Dick, a novel by Herman Melville, is published in the USA. The firm is headquartered in New York. 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. In addition, Mr. Hanono has completed Harvard Business Schools Owner/President Management Program. Kellett Capital Management LPDan Gagnier, 212-687-8080, http://www.businesswire.com/news/home/20150522005960/en/, Copyright 2023 Fortress Investment Group LLC. Previously, she was a Program Coordinator at the U.S. Department of Homeland Security (DHS) Science & Technology Directorate (S&T) Office of University Programs (OUP), where she handled deliverables monitoring and grant and regulatory compliance for multi-year projects. Jessica Redburn is an Operations and Administrative Manager at ACON Investments. Mr. Prior to joining ACON in 2021, Ms. Mnguez was the lead ESG ratings coordinator under the Executive Chairmans Office of Banco Santander. Growing casualties havent so far shaken Pskov, an impoverished region that is home to the elite Russian paratrooper division that occupied Bucha in Ukraine. Prior to joining ACON in 2022, Mr. Tena was an analyst at Nexxus Capital in the Private Debt division based in Mexico City, where he participated in different transactions across various sectors, including financial services, information technology, telecommunication and real estate. Mount Kellett Capital Management LP, a $5 billion investment firm co-founded by former Goldman Sachs Group Inc. star Mark McGoldrick that is known for investing in distressed debt, is calling on a friend for help. Certain statements in this press release may constitute forward-looking 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. Mount Kellett Capital Management/Fortress Investment Group Jul 2012 - Mar 20163 years 9 months Irving, TX Global head of real estate asset management. He serves on the board of Dori Alimentos, an ACON fund portfolio company and he previously served on the board of Conexo, a prior ACON fund portfolio company.