brian libman blackstone

In addition, in connection with the Business Combination, the Issuer issued to each of the Continuing Unitholders, including LFH and Under the Securities Exchange Act of 1934, ClassA Brian Kaufman is a Managing Director in the Real Estate Group and currently leads asset management for Blackstone's U.S. hospitality portfolio. We have also driven product innovation across sectors complemented by successful acquisitions, to broaden product capabilities, distribution reach, and customer sets resulting in growing, cycle-resistant earnings, said Brian Libman, Chairman and Founder of Finance of America. For example, if a holder of ClassB Common Stock holds Flagship hedge-fund operation could be worth up to $7 billion. Contact. Mr. West earned his M.S. We moved 1 foot off the island," Lickle quipped. News IMFnews Inside Mortgage Finance Inside Mortgage Trends Inside the CFPB Originations Servicing Technology Mergers & Acquisitions. Pursuant to earnout provisions in the Transaction Agreement, the holders of Earnout Rights are entitled to receive shares of ClassA Common Stock or FoA The information provided or incorporated by reference in Item 3 is hereby incorporated by reference herein. Pursuant to the Registration Rights Agreement, upon The Issuer may impose restrictions on exchange that it determines to be necessary or advisable so that the Issuer is Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC served as lead placement agents and Credit Suisse Securities (USA) LLC served as placement agent for the PIPE. William and Renee Lickle had owned the red-brick house for 40 years, having paid $500,000 for the property in March 1980. indemnify the registration rights holders against (or make contributions in respect of) certain liabilities which may arise under the Securities Act. We have also driven product innovation across sectors complemented by successful acquisitions to broaden product capabilities, distribution reach, and customer sets resulting in growing,. Follow Blackstone on Twitter @Blackstone. Prior to creating Finance of America in 2013, he was the managing partner and CEO of Green Tree Servicing and became the Chief Strategy Officer of its public market successor. Mr. Pratcher currently serves as a Senior Advisor at 7 Acquisition Corporation and Managing Director at the RockCreek Group. FoA. Brian L Libman is Chairman at Replay Acquisition Corp. See Brian L Libman's compensation, career history, education, & memberships. Our People - Blackstone In connection with the Business Combination, concurrently with the Closing, the Issuer entered into a Tax Receivable Agreement with certain Earnout Securities that would be issuable to certain Continuing Unitholders and Blocker GP (but not the aggregate amount of Earnout Securities issuable to all Continuing Unitholders and Blocker GP). . This should allow the combined company to start operations with a minimum of $250 million in cash and cash equivalents. consecutive trading days prior to the sixth anniversary of the Closing Date. Beyond product offerings, the Company offers ancillary services to its partners and to enhance the customer experience, resulting in incremental fee income. Stockholders Agreement also provide each Principal Stockholder with basic information and management rights, as well as detailed venture capital operating company covenants. In connection with the A Delaware limited liability company linked to Sharon and Brian Libman of New Caanan, Connecticut, paid a recorded $12.4 million for a seaside house at 101 Nightingale Trail. financial institutions as collateral or security for loans, advances or extensions of credit. The Firm - Blackstone "Becoming a public company is an important milestone for Finance of America and provides further access to capital via the public markets over time,"said Finance of America CEO Patricia Cook. the same service-based vesting conditions as the Replacement RSUs to which they relate, as discussed above. ClassA Common Stock outstanding as of August16, 2021, based on information set forth in the Issuers Quarterly Report on Form10-Qfiled by the Issuer on August16, 2021, and securities purchased pursuant to PIPE Agreements executed concurrently with the execution of the Transaction Agreement or on the open market. Home - Blackstone - Quarter Midgets of America Mr. Libman has spent his entire career in the specialty finance area and has been involved in structuring and consummating the acquisitions of more than twenty businesses. The buyer, who owns a Park Avenue penthouse in New York City, signed a 30-year, $7-million mortgage on the property with First Republic Bank of San Francisco, property records show. White man who allegedly stabbed Black man to death released on bond The Reporting Persons intend to review on a continuing basis their investment in Brian Libman's resume includes serving as executive chairman of Finance of America Holdings, a mortgage finance company affiliated Blackstone, according to online reports. Blackstone Brian Matesic co-led Blackstone's $337 million product investment in Medtronic to fund the development of. "Blackstone has always been managed with a perspective of achieving successful growth over the long term. in Electrical Engineering from the California Institute of Technology in 1983, and graduated magna cum laude with a B.S. Best Match Powered by Whitepages Premium AGE 50s Brian Mitchell Libman Delray Beach, FL (Kings Point) Aliases Brian M Lebman View Full Report Addresses may receive additional securities of the Issuer in connection with the Issuers compensation program. Blackstone's 'New' Mortgage Company Can't Take Apps Over the Web Until Equity Capital LLC (FoA), the Issuer, RPLY Merger Sub LLC, a Delaware limited liability company and wholly owned subsidiary of the Issuer, RPLY BLKR Merger Sub LLC, a Delaware limited liability company and wholly owned subsidiary Brian Lee Anderson's Washington Voter Registration. Mr. Lord has served as an IBM Senior Vice President of the Weather Company and IBM Alliances since January 2022. LIBMAN BRIAN L SC 13D/A Filing Concerning FOA on 2022-12-06 Brian Libman is 57 years old and was born on 08/04/1965. Blackstone's chief executive officer is billionaire and Palm Beach resident Stephen A. Schwarzman. Mr. Lord holds a B.S. funds affiliated with Blackstone (the Blackstone Tax Receivable Agreement) and a Tax Receivable Agreement with certain other members of FoA, including LFH and TMO (the FoA Tax Receivable Agreement, and collectively with the Finance of America Equity Capital, a Blackstone Group portfolio company, announced Tuesday that it is set to go public through a "business combination" with a special-purpose acquisition company (SPAC). (c) Pursuant to the limited liability company agreements of LFH and TMO, each of LFH and TMO is managed by a board of managers consisting of Brian Within 45 days (in the case of a shelf registration on FormS-1)or 30 days (in the case of a shelf registration on and Libman Family Holdings LLC, solely in their joint capacity as the representative of the Continuing Unitholders (defined 2. Blackstone Investors) and an entity controlled by Brian L. Libman (Brian L. Libman and certain entities controlled by him, the BL Investors and, together with the Blackstone Investors, the Principal We look forward to accelerating our growth across cycles as we increasingly leverage our complementary portfolio of businesses, differentiated technology capabilities, and a capital-light model with fully integrated capabilities., Menes Chee, Senior Managing Director at Blackstone, said: Blackstone is proud to have supported the Companys significant growth since its founding becoming a leader and innovator in the market. In addition, the Stockholders Agreement permits the Issuers Principal other tax benefits related to entering into the Tax Receivable Agreements, including tax benefits attributable to making payments under the Tax Receivable Agreements. Alexander Libman Email & Phone Number - The Bla.. | ZoomInfo Refine Your Search Results. immediately prior to the effectiveness of the merger of Blocker Merger Sub with and into Blocker, including Blackstone Tactical Opportunities Associates NQ L.L.C. The sellers made a variety of changes to the property over the years, expanding the house with a second-story addition and extending the living room onto a lakeside terrace. These forward-looking statements include, without limitation, Replay Acquisitions and Finance of Americas expectations with respect to future performance and anticipated financial impacts of the proposed business combination, the satisfaction or waiver of the closing conditions to the proposed business combination, and the timing of the completion of the proposed business combination. herein as beneficially owned by the Reporting Persons. Ms. Corio is Chair of the audit committees of GO Acquisition Corp. and Omni Environmental Solutions and a member of the audit committees of Cicor Technologies Ltd. and Wood Technologies International; Chair of the compensation committee of Wood Technologies International; and a member of the compensation committee and nominating committee of GO Acquisition Corp. Ms. Corio previously served as a member of the board of directors of Intren. It had no backyard, so I made it into a Charleston garden with the pool, brick (terraces) and fountain, and we put in a major dock, he said. Resides in Ocean Shores, WA. The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. Instructions). Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change, or other circumstances that could give rise to the termination of the definitive merger agreement (the Agreement); (2) the outcome of any legal proceedings that may be instituted against Replay Acquisition, New Pubco and/or Finance of America following the announcement of the Agreement and the transactions contemplated therein; (3) the inability to complete the proposed business combination, including due to failure to obtain approval of the shareholders of Replay Acquisition, certain regulatory approvals, or satisfy other conditions to closing in the Agreement; (4) the occurrence of any event, change, or other circumstance that could give rise to the termination of the Agreement or could otherwise cause the transaction to fail to close; (5) the impact of COVID-19 on Finance of Americas business and/or the ability of the parties to complete the proposed business combination; (6) the inability to obtain or maintain the listing of New Pubcos shares of common stock on the NYSE following the proposed business combination; (7) the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the proposed business combination; (8) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of Finance of America to grow and manage growth profitably, and retain its key employees; (9) costs related to the proposed business combination; (10) changes in applicable laws or regulations; and (11) the possibility that Finance of America or Replay Acquisition may be adversely affected by other economic, business, and/or competitive factors. CONFIDENTIAL . Brian Kaufman - Blackstone He is the architect of the Company's unique business model, and it is his vision that guides the Company. All rights reserved. Audit. Mr. West previously served as Partner and Senior Managing Director of Centerbridge Partners and former Chairman & CEO of Centerbridge Partners Europe from 2006 to 2018. Brian Flowers may also have lived outside of Ocean Shores, such as Aberdeen, Lacey and Seattle. Through his deep knowledge of the lending space, he invented and was awarded patent: US20070136186A1 for his Automated Loan Evaluation System, which is a system and method for providing a loan pricing model for various lending scenarios. 1550, Irving, Texas 75039. The description of the Stockholders Agreement, Exchange Agreement, Registration Rights Agreement, Transaction Agreement, Letter Agreements, Tax Receivable Brian Lee Anderson (age 63) from Ocean Shores, Wa and has no known political party affiliation. Latest Imf News. Differentiated End-to-End Cycle Resistant Platform in Consumer and Business Lending , Secular Mortgage Industry Tailwinds and Multiple Avenues for Growth , Funds Managed by Blackstone Tactical Opportunities and FOAs Management/Founder Will Retain Approximately 70% Equity Ownership Post-Closing . Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of Replay Acquisitions directors and executive officers in Replay Acquisitions Annual Report on Form 10-K for the fiscal year ended December 31, 2019, which was filed with the SEC on March 25, 2020. Interest in Securities of the Issuer. Units and 227,712 Earnout Rights. Unless earlier terminated by agreement of the Principal Moving forward as a public company, we believe Finance of America is poised for continued success together with its new investment partners and exceptional management team.. liability company (LFH), and (iii)The Mortgage Opportunity Group, LLC, a Connecticut limited liability company (TMO and collectively with Mr.Libman and LFH, the Reporting Persons). Our daily newsletter is FREE and keeps you up to date with the world of mortgage. Unitholders and Blocker Shareholders will deliver to the Issuer FoA Units and shares of ClassA Common Stock, respectively, in settlement of the awards in accordance with the terms set forth in the LTIP Award Settlement Agreement. of competent jurisdiction and, as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any Brian L Libman, Replay Acquisition Corp: Profile and Biography We have built an integrated lending platform which seamlessly connects borrowers with investors. Meet the Blackstone BXLS Life-Sciences Investing Team: Interviews Brian Blackstone wrote about the European Central Bank from The Wall Street Journal's Frankfurt office. below) pursuant to Section12.18 of the Transaction Agreement (the Continuing Unitholder Representative), Replay agreed to combine with FoA in a series of transactions (collectively, the Business has effected any transaction in ClassA Common Stock in the past 60 days. of 85% of the cash tax benefits, if any, that the Issuer is deemed to realize (calculated using certain simplifying assumptions) as a result of (i)tax basis adjustments as a result of sales and exchanges of units in connection with or Blackstone-backed Finance of America to merge with Replay Acquisition Blackstone Talked With Ken Griffin's Citadel About Buying Stake Previously cities included Nantucket MA, Miami FL and Sunny Isles Beach FL. in Industrial Engineering and Operations Research from Syracuse University and an M.B.A. from Harvard University. Contact Number Replay Acquisition, Finance of America, New Pubco and their respective directors, executive officers and other members of their management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of Replay Acquisitions shareholders in connection with the proposed business combination. vest in equal installments on each of the first three anniversaries of the Closing Date, subject to each holders continued employment. www.financeofamerica.com, Founded by Edmond Safra, Gregorio Werthein and Gerardo Werthein, Replay Acquisition Corp. is a NYSE-listed blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses on industries that we believe have favorable prospects and a high likelihood of generating strong risk-adjusted returns for our shareholders. the sole manager. actions described in subparagraphs (a)through (j)of Item 4 of Schedule 13D. (e) During the last five years, none of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body We believe that being there for families when they need help the most is important and helps ensure they have the strength and resilience to recover from difficult times. Brad Finkelstein Originations Editor, National Mortgage News Reprint Norma C. Corio joined the Companys board of directors upon the closing of the Business Combination. Mr. Libman submatriculated with honors from The Wharton School at the University of Pennsylvania, having earned both his M.B.A. and B.S.E. The Tax Receivable Agreements generally provide for the payment by the Issuer to certain owners of FoA prior to the Business Combination (the TRA Parties) Replay Acquisition Corp. c/o EMS Capital LP . Product offerings include mortgages, reverse mortgages, and loans to residential real estate investors distributed across retail, third party network, and digital channels. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom. Estimated cash proceeds will consist of the PIPE in addition to Replay Acquisitions $288 million of cash in trust, subject to redemptions. Report on Form 8-K filed on April7, 2021). representing 82.2% of the outstanding ClassA Common Stock. Combination, and concurrently with the closing of the Business Combination on April1, 2021 (the Closing and such date, the Closing Date), the Issuer and Principal Stockholder. the Blackstone Investors and the BL Investors will separately be entitled to designate to the Board increases and/or decreases on a sliding scale such that, for example, if the Blackstone Investors or the BL Investors, as the case may be, hold more In a statement, Brian Libman, chairman and founder of Finance of America, said the goal is to further expand the firm's capabilities "to serve the full range of borrower needs" and "achieve. Except as described in this Schedule 13D, the Reporting Persons do not have any present plans or proposals that relate to or would result in any of the He previously worked at [] Resides in Ocean Shores, WA. persons. Brian Libman, Founder and Chairman of Finance of America, Patricia Cook, Chief Executive Officer, and Graham Fleming, President, will continue to lead the company Implied equity value of the combined company at closing is approximately $1.9 billion Top-tier institutional investors have committed to a $250 million PIPE at price per share of $10.00 Your California Privacy Rights/Privacy Policy. Brian Carroll may also have lived outside of Ocean Shores, such as Puyallup, Montesano and 2 other cities in Washington. From August 2013 until February 2016, Mr. Lord served as both President of AOL and CEO of AOL Platforms at Verizon Communications Inc. Mr. Lord also held a number of leadership roles at Razorfish, Inc. from November 2002 to July 2013, serving most recently as Global CEO. -, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION. TMO, one share of the Issuers ClassB common stock, par value $0.0001 per share (the ClassB Common Stock). In addition, the Registration Rights Agreement entitles the Principal demand of a Principal Stockholder, the Issuer will be required to facilitate in the manner described in the Registration Rights Agreement a takedown off of an effective shelf registration statement of registrable shares requested by such By virtue of the Stockholders Agreement (as defined below), the Reporting Persons and affiliates Agreement and LTIP Award Settlement Agreement contained in this Item 6 are not intended to be complete and are qualified in their entirety by reference to such documents, which are filed as exhibits hereto and incorporated by reference herein. the Issuer. ownership of such shares of ClassA Common Stock. The principal business of LFH is to make investments, including in securities of the Issuer. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of Replay Acquisitions shareholders in connection with the proposed business combination will be set forth in the proxy statement/prospectus for the proposed business combination when available. Our daily newsletter is FREE and keeps you up to date with the world of mortgage. Anthony W. Villani, Chief Legal Officer, (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications), (Date of Event Which Requires Filing of this Statement), If the filing person has Mr. Lord has served as a member of the board of directors of Aqua Finance, Inc. since October 2020 and previously served as a member of the boards of directors of Williams-Sonoma, Inc. from October 2017 to December 2019 and ScreenVision Media, Inc. from February 2016 to April 2018. Share. The shares of ClassB Common Stock have no economic rights, but entitle each holder, Top-tier institutional investors have committed to invest $250 million in the form of a PIPE at a price of $10.00 per share of the combined companys Class A common stock immediately prior to the closing of the transaction. A telephone replay will be available at 1-844-385-9713, replay pin number: 52917. Exchange Act of 1934, as amended (the Exchange Act) or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act (however, see the Notes). Furthermore, the Companys capital markets and portfolio management capabilities inform product innovation, optimize execution, and allow for selective retention of assets while delivering superior risk-adjusted returns to investors. Collectively, the Reporting Persons and Blackstone and its affiliates may be deemed to beneficially own in the aggregate 152,749,861 shares of ClassA Common Stock, Brian Lee Anderson from Ocean Shores, Washington | VoterRecords.com Brian Libman, Founder and Chairman of Finance of America, Patricia Cook, Chief Executive Officer, and Graham Fleming, President, will continue to lead the company Implied equity value of the. Through this platform we offer products and services that meet customers financial needs throughout each phase of their lives. (a)-(b) This Schedule 13D is being filed by: (i)Brian L. Libman, a United States citizen, (ii)Libman Family Holdings, LLC, a Connecticut limited Stock, assuming a full exchange of all FoA Units for the publicly traded ClassA Common Stock. Our platform is product agnostic, with the ability to shift our focus and resources as the opportunity set changes. Each holder of FoA Units (other than the Issuer and its subsidiaries), Pursuant to the limited liability company agreements of LFH and TMO, each of LFH and TMO is managed by a board of managers consisting of Brian Libman as $280B. Blackstone is a full-service, private-equity funded investment bank based out of New York. It is anticipated that the combined company will begin with a minimum of $250 million of cash and cash equivalents. The guiding principle of Customers First, Last and Always has helped drive Finance of Americas success. Brian Matesic is a principal in Blackstone's life-sciences group. Robert W. Lordjoined the Companys board of directors upon the closing of the Business Combination. Letter Agreement, dated April 5, 2021, by and among Continuing Unitholder Representative and Replay BL Investors Tax Receivable Agreement (incorporated by reference to Exhibit 10.7 to the Issuers Current Fitch Downgrades Finance of America to 'B-', Outlook Negative RSUs if the Issuer achieves specified volume-weighted average price per share targets of $12.50 per share and $15.00 per share during the six year period following the transaction, subject to continued employment. without regard to the number of shares of ClassB Common Stock held by such holder, to a number of votes that is equal to the aggregate number of FoA Units held by such holder on all matters on which stockholders of the Issuer are entitled to (incorporated by reference to Exhibit 2.3 filed with the Registrants Current Report on Form 8-K filed on April7, 2021). Tax Receivable Agreements. Prior to joining OEP in 2018, Ms. Corio served as the CFO of American Express Global Business Travel from June 2014 to June 2017. Prior to his role with TFO USA, Mr. Pratcher served as the Director of Opportunistic Investments and the Director of Absolute Return Strategies at the New York State Common Retirement Fund from 2007 to 2017. The Right Honourable Brian Mulroney Partner at Norton Rose Fulbright and Former Prime Minister of Canada The Right Honorable Brian Mulroney is a member of our board of directors. New York, NY 10153 . Mr. As part of the strategy, the team leverages the intellectual capital across Blackstones various businesses while continuously optimizing its approach in the face of ever-changing market conditions. Finance of Americas multiproduct line-up is broadly distributed through retail locations, loan officers, and a third-party origination network and powered by a differentiated end-to-end digital platform, providing jobs to over 5,000 employees globally. Alexander Libman is a Private Wealth Management at The Blackstone Group based in New York City, New York. All Filters. Blackstone mortgage venture set to become largest nonbank lender? Brown Harris Stevens was on the sellers side. the demand of any Principal Stockholder, the Issuer will be required to facilitate anon-shelfregistered offering of the Issuers shares requested by such Principal Stockholder to be included All subsequent written and oral forward-looking statements concerning Replay Acquisition, Finance of America or New Pubco, the transactions described herein or other matters and attributable to Replay Acquisition, Finance of America, New Pubco or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. As a holder exchanges FoA Units for shares of ClassA Common Stock, the voting power afforded to such holder of FoA Units by their shares of Board of Directors :: Finance of America Companies Inc. (FOA) in Electrical Engineering from Tufts University in 1982. individuals nominated as the Companys directors in accordance with the terms of the Stockholders Agreement. Form 8-K filed on April7, 2021). shares to be sold by holders that exercise their related piggyback rights in accordance with the Registration Rights Agreement. The address of the principal business office of Mr.Libman, LFH and TMO is 12 Wilton Road, Westport, CT 06880, Attn: Brian Libman, New Canaan, CT Through this platform we offer products and services that meet customers financial needs throughout each phase of their lives. The following shares of the Issuers ClassA Common Stock were purchased following the Business Combination: (i)on August16, 2021, Chairman Emeritus & Former Chief Executive Officer, Ogilvy & Mather Worldwide The Right Honourable Brian Mulroney Partner at Norton Rose Fulbright and Former Prime Minister of Canada William G. Parrett Retired CEO and Senior Partner, Deloitte (Deloitte Touche Tohmatsu) Ruth Porat Chief Financial Officer of Alphabet Inc. and Google Inc Directory He is in the debt capital markets group focusing on the financing of real estate investments in the Americas. 767 Fifth Ave., 46th Floor . In addition, subject to certain requirements, the Blackstone Investors and the BL Investors are generally permitted to exchange FoA Units The number of directors that each of He began his career at Lehman Brothers and spent more than a decade developing the loan acquisition, servicing and lending businesses there, including the creation of Aurora Loan Services, one of the nations leading alternative mortgage originators and servicers.

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