MHR Fund Management
Private equity firm
From Wikipedia, the free encyclopedia
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.[1]
| Company type | Private |
|---|---|
| Industry | Private Equity |
| Founded | 1996 |
| Headquarters | New York, New York |
Key people | Mark Rachesky |
| Products | Leveraged buyout, Distressed securities |
| Total assets | $658 million |
| Website | www |
History
MHR Fund Management was co-founded in 1996 by Mark Rachesky, MD and Hal Goldstein.[1] 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]