MHR Fund Management – Wikipedia
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Private equity firm
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. [first]
History [ edit ]
MHR Fund Management was co-founded in 1996 by Mark Rachesky, MD and Hal Goldstein. [first] 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. [2] [3] [4] Notable investments have included Lions Gate Entertainment Corporation, Titan Tire Corporation, Leap Wireless and Loral Space & Communications, among others. [4]
In 2004, MHR began accumulating shares in Lionsgate. [2] [5]
References [ edit ]
- ^ a b
Effinger, Anthony (20 March 2013). “Activist investor Mark Rachesky again goes toe-to-toe with mentor Icahn” . Washington Post . Retrieved 30 October 2017 .
- ^ a b Vardi, Nathan (30 October 2013). “The Smart Money Behind ‘The Hunger Games’ ” . Forbes . Retrieved 30 October 2017 .
- ^ Lewis, Hilary (23 March 2009). “Meet Mark Rachesky: The Protege Who Stabbed Icahn In The Back” . Business Insider . Retrieved 30 October 2017 .
- ^ a b 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 .
- ^ 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 [ edit ]
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