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MHR Fund Management

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Private equity firm
MHR Fund Management
Company typePrivate
IndustryPrivate Equity
Founded1996
HeadquartersNew York, New York
Key peopleMark Rachesky
ProductsLeveraged buyout, Distressed securities
Total assets$658 million
Websitewww.mhrfund.com

MHR Fund Management is a private equity firm focusing on leveraged buyout and distressed securities transactions in the United States. The firm specializes in turnaround, buyouts and undervalued middle-market companies, most notably in the entertainment, communications and energy sectors.

History

MHR Fund Management was co-founded in 1996 by Mark Rachesky, MD and Hal Goldstein. From 1990-1996, Rachesky had worked under Carl Icahn as senior investment officer and chief investment advisor at Icahn Enterprises before opening MHR with Goldstein. Notable investments have included Lions Gate Entertainment Corporation, Titan Tire Corporation, Leap Wireless and Loral Space & Communications, among others.

In 2004, MHR began accumulating shares in Lionsgate.

References

  1. ^ Effinger, Anthony (20 March 2013). "Activist investor Mark Rachesky again goes toe-to-toe with mentor Icahn". Washington Post. Retrieved 30 October 2017.
  2. ^ Vardi, Nathan (30 October 2013). "The Smart Money Behind 'The Hunger Games'". Forbes. Retrieved 30 October 2017.
  3. Lewis, Hilary (23 March 2009). "Meet Mark Rachesky: The Protege Who Stabbed Icahn In The Back". Business Insider. Retrieved 30 October 2017.
  4. ^ Butt, Rachel (16 June 2016). "Here are the 10 biggest activist money managers and some of their most impressive bets". Business Insider. Retrieved 30 October 2017.
  5. Vardi, Nathan (13 March 2014). "Lions Gate Admits, To Beat Carl Icahn, It Committed Wrongdoing, Settles SEC Charges". Forbes. Retrieved 30 October 2017.

External links

Private equity and venture capital investment firms
Investment strategy
History
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