Daniel Eichner

Head of Relative Value Strategies

Ermitage Group

Daniel Eichner joined Ermitage in 2008 as Head of Relative Value Strategies. Before joining Ermitage, Daniel was Head of Credit at US based fund of fund, Lighthouse. Prior to this, he gained valuable experience as a portfolio manager for a US managed account for 3 years. Earlier in his career, Daniel was a senior distressed analyst at Gruss Partners (hedge fund), following a move from Goldman Sachs in NYC where he was VP on their proprietary distressed debt desk (Special Situations Group) for 3 years. Daniel was a management consultant at PricewaterhouseCoopers for 3 years in its financial risk management consulting area focusing on credit risk, scoring and pricing models. He was educated at the University of Pennsylvania and Fordham Law School.

Ross Gatlin
Co-Founder, Chief Executive Officer, and Managing Partner
Prophet Equity LLC

As CEO & Managing Partner of Prophet Equity, Mr. Gatlin is focused on identifying, making, managing and realizing a portfolio of control investments in strategically viable, asset intensive, middle market companies where there are significant value creation opportunities. Ross has proven investment experience having been a founding partner and principal of two successful private equity firms focused on this specific approach over the last decade. These investments have generated value of over $1.7B and triple digit IRR’s for investors. He holds an MBA from the Kellogg School of Management at Northwestern University and earned his BBA from the University of Texas at Austin.

Robert Koenigsberger
Co-Managing Partner
Gramercy Advisors

Mr. Koenigsberger is the Founder of Gramercy. He has more than 20 years of distressed investment experience in emerging markets fixed income securities. Since 1998, he has been a Co-Managing Partner of Gramercy. From 1995 to 1998, he was a Senior Vice President at Lehman Brothers, where he managed the bank’s Sovereign Debt restructuring group. From 1992 to 1995, Mr. Koenigsberger was a Vice President at Merrill Lynch, Pierce, Fenner & Smith Incorporated where he traded emerging market debt securities in New York, London and Hong Kong. From 1987 to 1991, he was Vice President at CR-P Associates, a financial advisory firm with offices in Central and South America that was directly involved in sovereign debt restructurings, debt buy-backs, and debt-equity swap transactions in Latin America.

Fred Malek

Co-Founder and Co-Chairman

Thayer Lodging Group

Fred Malek is Chairman of Thayer Lodging Group, a hotel investment company that has acquired and owns approximately $1.4 billion of hotel assets.

Mr. Malek led the 1995 acquisition of the Ritz-Carlton Hotel Company, with Marriott International as a major equity partner.  He was one of three leaders in the acquisition of Northwest Airlines and is a director and major investor in Northwest Airlines, where he served as President and Vice Chairman from late 1989 through 1991.  Earlier, Mr. Malek led with management the acquisition of CB Richard Ellis (formerly Coldwell Banker), the largest real estate services company in the world, where he served as Co-Chairman until 1996 and was an investment partner with President Bush in the Texas Rangers Baseball Club.  He currently serves as a Director of several publicly traded companies, including Automatic Data Processing Corp. and CB Richard Ellis.

Mr. Malek was President of Marriott Hotels from 1981 through mid-1988, responsible for more than $3 billion in annual sales and approximately 70,000 workers.  During his eight-year tenure, profits of Marriott Hotels grew fivefold and Marriott Hotels rose from fourth to first in consumer preference.

In addition to his business career, Mr. Malek has served as an advisor to four U.S. Presidents over the past two decades.  In the early seventies, he entered government as Deputy Undersecretary of the Department of Health, Education and Welfare.  He later became Special Assistant to the President of the United States and Deputy Director of the U.S. Office of Management and Budget under Presidents Nixon and Ford.  Mr. Malek advised President Reagan as a member of the executive committee of the President’s Council on Cost Control, as a member of the President’s Commission on Private Sector Initiatives, and as a member of the President’s Council on Physical Fitness and Sports. More recently, he served President Bush as Director of the 1988 Republican Convention, as Director of the 1990 Economic Summit of Industrialized Nations, with the lifetime rank of Ambassador, and as Campaign Manager for President Bush during 1992.

Mr. Malek is a graduate of West Point and the Harvard Business School, and served in Vietnam.  He also serves on a number of charitable and educational Boards, and resides in McLean, Virginia.

Bruce Jeffrey Richards
Chief Executive Officer
Marathon Asset Management

Bruce Richards is President and Chief Executive Officer of Marathon Asset Management. Mr. Richards is responsible for general oversight of the firm's $11 billion of capital across its funds and 160 global professionals. Marathon is hedge fund and alternative asset manager focused on distressed investing and special situations. With its headquarters New York, and investment offices in London and Singapore, Marathon has a global investment approach across geographical lines and asset classes.

Mr. Richards leads Marathon's Executive Committee and sets its strategic direction.  Prior to founding Marathon nearly 11 years ago, Mr. Richards worked on Wall Street for 15 years, including 10 years as a Managing Director in trading, investments and risk management in the fixed income divisions of Smith Barney and Donaldson, Lufkin & Jenrette, after starting his career with Paine Webber. Mr. Richards received his B.A. in Economics, summa cum laude from Tulane University in 1982, and is a member of Phi Beta Kappa.

Michael Satzberg
Managing Director
Sun Capital Partners

Michael J. Satzberg, Managing Director, is responsible for the development and management of the distressed debt and private corporate loan portfolio in the Sun Capital Securities Fund, a non-control hybrid hedge fund with approximately $1.3 billion of committed capital.  Prior to joining Sun Capital Partners in 2008, Satzberg served with Jefferies & Company, Inc., Los Angeles, where he was a Senior Vice President with responsibilities for trading and principal debt investments in several industry sectors including: paper and packaging, consumer products, chemicals, homebuilders and building suppliers, auto suppliers, and restaurants and food products.  Prior to joining Jefferies & Company, Satzberg served as a portfolio manager with 1838 Investment Advisors from 1988 to 1992, where he managed a $400 million closed end, high yield distressed bond fund from 1990 to 1992.  From 1985 to 1988, he served as a manager with Coopers & Lybrand focusing in taxation and mergers and acquisitions matters.  Satzberg received his Bachelor of Science degree in Accounting from Pennsylvania State University, Juris Doctoris from Hofstra University School of Law, and Master of Laws degree in Taxation from Temple University School of Law.

Steven Wayne
Managing Director
Oak Hill Advisors L.P.

Steven Wayne has responsibility for Oak Hill Advisors’ investments in middle-market and sponsor originated transactions. Prior to joining the firm, Mr. Wayne was a Managing Director of Berenson & Company, a boutique investment and merchant bank, where he also served as the firm’s Chief Financial Officer. At Berenson, Mr. Wayne was responsible for developing and advising on merger, acquisition, restructuring and financing transactions as well as evaluating and executing principal transactions. Prior to Berenson, he worked at a middle market private equity firm and he began his career in the Corporate Finance Department of Drexel Burnham Lambert. Mr. Wayne earned a B.S., magna cum laude, from The Wharton School of the University of Pennsylvania.

Basil Williams
Chief Executive Officer
Concordia Advisors, LLC

Basil Williams is CEO of Concordia Advisors LLC. Previously, Mr. Williams served as President of Concordia Advisors LLC and Head of Fixed Income Trading. In his current role, Mr. Williams oversees the day-to-day investment and business operations of Concordia, including developing and implementing strategies to ensure the return targets of the funds and financial goals of the firm are met. During his tenure at Concordia, Mr. Williams has worked closely with Concordia’s founder, Alex Ribaroff to establish the long-term objectives for the management company and various trading groups. Mr. Williams has been instrumental in recruiting key individuals for both trading and administrative roles at Concordia. Mr. Williams began his career with Merrill Lynch & Co. in 1980, where he was responsible for the development of its New York sales trading teams in fixed income futures and options. In 1988, Mr. Williams joined Barclay Investments (BI), a boutique broker dealer, which provided quantitative analysis of global fixed income markets. Mr. Williams became associated with Concordia Advisors when BI was appointed Concordia’s fixed income arbitrage sub-advisor in 1994. Mr. Williams holds an MBA in finance from New York University and a BA in Applied Mathematics from Brown University.