Alex Kasdan, Managing Partner
Alex brings more than twenty-five years of senior-level Wall Street advice to middle market companies, entrepreneurs and institutional investors. He has extensive experience in investment banking, corporate law and restructuring at world’s leading firms, including Credit Suisse First Boston, O’Sullivan Graev & Karabell LLP (now O’Melveny & Myers LLP), Battle Fowler LLP (now Paul Hastings LLP) and Schlumberger Ltd., and as a founding partner of Convergence Capital Partners. Alex has worked on more than 100 domestic and cross-border transactions in North America, Europe and Africa, including representing debtors, creditor committees and other constituencies in bankruptcy proceedings and out-of-court restructurings.
Alex is a frequent moderator and an interviewer at Expert Webcast (www.expertwebcast.com) roundtable discussions attracting business leaders and leading professionals from around the world.
Alex graduated magna cum laude from Middlebury College with a B.A. degree in Economics and Italian and was elected to Phi Beta Kappa during his junior year. In addition, he holds a J.D. degree from Columbia University Law School and has studied at the University of Florence in Italy.
Mike Corrigan, Managing Partner
Mike is an experienced entertainment and media industry executive with more than twenty five years of extensive responsibilities in general management, content production and distribution, strategic planning, finance and administration. He has significant international and multicultural experience in many content genres and formats, and he has extensive experience in corporate restructuring and business turnarounds.
Mike has most recently served as the Chief Restructuring Officer and Interim Chief Financial Officer of a publicly traded Canadian television producer and distributor. He has also recently worked as a Managing Director in a prominent private equity firm to increase its portfolio presence in the entertainment and media sector. He is also an advisor to a number of privately held companies in the entertainment, media, sports and high technology space, including a significant entity in the emerging mixed reality arena. He has deep operating experience in the motion picture, television, music, broadcasting, cable, games, advertising, agency and gaming verticals within the entertainment and media space. His industry experience covers all facets of the strategic, creative and operational management of content production and distribution. Mike also has extensive experience in the high technology sector, particularly with communications and content delivery platforms. He also has extensive global business experience, particularly in the development of strategy, business development, execution of transactions, and general management.
He is a former member of the Board of Managers of Tropicana Entertainment Inc. where he assisted the company in a successful restructuring and emergence from Chapter 11 proceedings. Mike is also former Chairman of the Board of Directors of Atari, Inc. He has also held board positions at ACME Communications Inc. and at Sonar Entertainment Inc. where he also served as Co-CEO. He is currently a member of the Boards of Directors and Boards of Advisors of a number of privately held entertainment and technology entities, including Dr. Seuss Enterprises LLC and Magic Leap Inc.
Mike was previously Senior Executive Vice President and Chief Financial Officer of Metro Goldwyn Mayer Inc (MGM), a major Hollywood studio where his duties also included membership of the Board of Directors of United International Pictures, then the worlds largest theatrical film distributor. He was also previously a senior partner in the Entertainment, Media and Communications practice at Price Waterhouse LLP where he was responsible for global strategic planning for the Entertainment, Media and Communications practice. He also formerly managed that firms’ Corporate Finance practice in the Western United States.
Mike is a graduate of the Law School of Trinity College, Dublin, Ireland and of The Honorable Society of the King’s Inns, Dublin, Ireland. He resides in Malibu, California.
Rick Rosenbloom, Managing Partner
Prior to Convergence Capital Partners, Rick founded Fuel Break Capital Partners, a national special situations investment and advisory firm which has sourced and closed on financing transactions in excess of $1 Billion and participated in a variety of bankruptcy, capital advisory, board representation and restructuring projects. Rick brings nearly 30 years of distressed investment, special situations capital advisory, M&A, bankruptcy and restructuring law, and operational experience. Prior to Fuel Break Capital Partners, Rick has served as a Principal and Head of Restructuring and Debt Capital Markets for Gemini Partners, a Los Angeles-based boutique merchant banking firm, as Principal, General Counsel and Head of Origination of Continental Plants, an industrial focused distressed debt investment firm, President, Licensing Ha-Lo Branded Solutions and C.O.O, Head of M&A for Creative Concepts in Advertising and as General Counsel and Senior Vice President of The Hilco/Great American Group (now Hilco Global and The Great American Group). Rick began his career in Chicago with Kirkland & Ellis and Schiff Hardin in their bankruptcy and restructuring groups. Rick received JD and MBA degrees from UCLA and graduated With Distinction from the Honors Program of the University of Michigan.
Greg Yorkison, Managing Partner
Gregg has over 25 years of experience in corporate finance transactions and operational management that combine to offer clients a diverse set of perspectives, solutions and expertise.
Gregg’s engagements usually coincide with some type of distress or crisis. These include matters both in and out of court. In some cases, he is brought in as Chief Restructuring Officer (“CRO”) whereby he assumes the role as the Officer in charge of all business operations, cash management, employment, and reporting. These matters typically occur where there is a dispute amongst ownership or the need for an “agent of change” as required by a secured party. These crisis situations usually have little to no advance notice, yet Gregg has successfully managed through these situations by stabilizing operations, implementing appropriate reporting, advising the Board of Directors, and setting strategy to move the business forward in a positive manner.
In addition to CRO, Gregg has significant experience in valuation, M&A (sell-side and buy-side), Section 363 sales, Assignmenta for the Benefit of Creditors (ABCs), debt placement, refinancings, recapitalizations, capital raising mandates and licensing.
Gregg has worked on transactions in multiple industries, including Retail, Publishing, Consumer Products and Distribution, Media and Marketing, Healthcare, Manufacturing, Education, and Private Aviation.
Gregg holds a B.A.Sc. in International Finance from University of Southern California.