Ms. Corio currently serves as a Senior Managing Director at OEP. 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. Brian Edward Carroll, 56. previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), not treated as a publicly traded partnership for U.S. federal income tax purposes. I upgraded everything the kitchen, twice, he said. Brian Blackstone wrote about the European Central Bank from The Wall Street Journal's Frankfurt office. The transaction implies an equity valuation at closing for the combined company of $1.9 billion. Brown Harris Stevens was on the sellers side. Mr. West earned his M.S. Agent Elizabeth DeWoody of Compass Florida handled the buyers end of the sale. (11)Excludes Certain Shares (See Instructions), Percent of ClassRepresented by Registration Rights Agreement (incorporated by reference to Exhibit 10.3 to the Issuers Current Report on Brian Libman's resume includes serving as executive chairman of Finance of America Holdings, a mortgage finance company affiliated Blackstone, according to online reports. $280B. Tyson A. Pratcher joined the Companys board of directors upon the closing of the Business Combination. At Blackstone, Brand is senior managing director and serves as co-head of U.S. acquisitions for the companys private equity group, according to the companys website. 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. Brian Lee Anderson (age 63) from Ocean Shores, Wa and has no known political party affiliation. Item5. Refine Your Search Results. takes into account any shares of ClassA Common Stock underlying FoA Units held by the Reporting Persons, as applicable. Built in 1956, the house has six-bedrooms and 7,522 square feet of living space, inside and out. Registration Rights Agreement (as defined below). Ms. Corio previously worked for JPMorgan Chase from October 1982 to March 2013 where she held various positions, including Treasurer and, separately, Head of Restructuring within the Investment Banking division, where she led corporate financings from June 1995 to August 2008. Brian Libman is 57 years old and was born on 08/04/1965. 1,000 FoA Units as of the record date for determining stockholders of the Issuer that are entitled to vote on a particular matter, such holder will be entitled by virtue of such holders ClassB Common Stock to 1,000 votes on such matter. After reasonable inquiry and to the best of its knowledge and belief, the undersigned certify that the information set forth in this statement is true, Product offerings include mortgages, reverse mortgages, and loans to residential real estate investors distributed across retail, third party network, and digital channels. Mr.Libman and an entity for which Mr.Libman serves as a trustee purchased 25,287 and 71,969 shares, respectively, at a weighted average price of $5.16 per share (these shares were purchased in multiple transactions ranging from $5.075 to Founded in 2016, the Finance of America Foundation connects families to crucial resources needed during financial hardships. The Reporting Persons own We moved 1 foot off the island," Lickle quipped. Credit & Insurance. of a Group (See Instructions), Check if Disclosure of Legal 57 %. 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) "Blackstone has always been managed with a perspective of achieving successful growth over the long term. Also, subject to applicable approvals from the compensation committee of the board of directors of the Board, Mr.Libman Brian Lee Anderson's Washington Voter Registration. lowest whole number of directors that is greater than 30% of the members of the Board; if the Blackstone Investors or the BL Investors, as the case may be, hold between 20% and 30% of such outstanding shares, such applicable investors will be This Schedule 13D (this Schedule 13D) relates to the ClassA common stock, par value $0.0001 per share (the Attn: Legal and Compliance The principal business of Mr.Libman is managing the affairs of LFH and TMO, including with respect to their investment in the Issuer and, in such capacity, serves as Chairman of the Issuer. 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. Our management has consistently sought to focus on the best outcomes for our business and investments over a period of years rather than . Blackstone Announces Appointment of Brian X. Tierney as Global Head of Infrastructure Portfolio Operations and Asset Management; Steve Bolze to Retire and to Become Executive Advisor July 26, 2021 . Mr. West has served as a board member or chair of public and private companies globally including BankUnited (NYSE: BKU), Aktua Soluciones Financieras, Intrepid Aviation Holdings LLC, Green Tree Holdings, Resort Finance America LLC, Triad Financial SM LLC, Williams & Glyns Bank Limited (pre-IPO Transition Board), APCOA Parking Holdings GmbH, & Duo Bank (Walmart Bank) Canada. Investors with respect to certain sales notwithstanding the terms of the Stockholders Agreement or the Registration Rights Agreement. 73,033,375 limited liability company units of FoA (FoA Units), 1,380,247 shares of ClassA Common Stock and 8,564,208 Earnout Securities of the Issuer (Earnout Rights) and (ii)TMO received 1,941,876 include a signed original and five copies of the schedule, including all exhibits. billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Brian Blackstone at The Wall Street Journal - WSJ 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 investor goals while continuing to produce sustainable earnings growth.". Over half of the sponsors founder shares of Replay Acquisition will be deferred and subject to share price hurdles. trading day period. Finance of America Mortgage closes $1.9 billion SPAC merger Jan 02, 2022. in Electrical Engineering from Tufts University in 1982. Alexander Libman Email & Phone Number - The Bla.. | ZoomInfo Furthermore, the Stockholders Agreement also requires the Issuer to cooperate with the Principal 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. Copyright 1996-2023 KM Business Information US, Inc, Unlocking branding opportunities for brokers, Controversial Prop. 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. company, UFG Management Holdings LLC, a Delaware limited liability company, and Joe Cayre; and BTO Urban Holdings L.L.C. the beneficial owner of the ClassA Common Stock referred to herein for purposes of Section13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose and each of the Reporting Persons expressly disclaims beneficial Name: Brian Libman Title: Manager [Signature Page to Side Letter Agreement] Acknowledged and Agreed BTO URBAN HOLDINGS L.L.C. Brian Carroll in Ocean Shores, Washington | Phone Number, Email ownership of such shares of ClassA Common Stock. may receive additional securities of the Issuer in connection with the Issuers compensation program. following the Business Combination and certain distributions with respect to units, (ii)the Issuers utilization of certain tax attributes attributable to Blocker or holders of limited liability company interests of Blocker outstanding Until the and the Continuing Unitholders, FoA Units. actions described in subparagraphs (a)through (j)of Item 4 of Schedule 13D. Follow Blackstone on Twitter @Blackstone. Blackstone Announces Appointment of Brian X. Tierney as Global Head of Stockholders Agreement (incorporated by reference to Exhibit 10.2 to the Issuers Current Report on Form 8-K filed on April7, 2021). a grant date fair value of $10.00 per share. Common Stock, par value $0.0001 per share, Attn: The Exchange Agreement sets forth the terms and conditions upon which holders of FoA Units may exchange their FoA Units for shares of ClassA Common Stock on aone-for-onebasis, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications. complete and correct. to which the Blackstone Investors and the BL Investors agreed, among other things, to permit the Blackstone Investors to have priority over the BL Investors with respect to certain sales notwithstanding the terms of the Stockholders Agreement or the 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.. All of the securities reported herein were acquired for investment purposes. 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). The principal business of TMO is providing real estate-related advisory services, including to the Issuer. Prior to her role at American Express Global Business Travel, Ms. Corio served as Co-President of Miller Buckfire from April 2013 to May 2014. (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 In addition, subject to certain requirements, the Blackstone Investors and the BL Investors are generally permitted to exchange FoA Units Brian K Flowers, 48. Mr. Lord holds a B.S. Unless earlier terminated by agreement of the Principal 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. of Blackstone Inc. (Blackstone) are deemed to be members of a group for purposes of Section13(d) of the Securities Exchange Act of 1934, as amended. Letter Agreement, dated March 31, 2021, by and among Libman Family Holdings LLC; The Mortgage Opportunity Group Note: Schedules filed in paper format shall Previously cities included Nantucket MA, Miami FL and Sunny Isles Beach FL. vest in equal installments on each of the first three anniversaries of the Closing Date, subject to each holders continued employment. Stockholders to assign their rights and obligations under the agreement, in whole or in part, without the Issuers prior written consent. He is the architect of the Company's unique business model, and it is his vision that guides the Company. Replay Acquisitions and Finance of Americas actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. RELATED: Views keep things lively at Lickles home on Everglades Island. 11:26 am. In connection with the acquisitions described in this Schedule 13D, the Reporting Persons have evaluated and We give you the access and tools to invest like a Wall Street money manager at a Main Street price. ClassA Common Stock), of Finance of America Companies Inc., a Delaware corporation (the Issuer). Note: All figures as of December 31, 2022, unless otherwise indicated. Contact. Blackstone mortgage venture set to become largest nonbank lender? 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 (Blocker GP), BTO Urban Holdings L.L.C., Blackstone Family Tactical Opportunities Investment Partnership NQ ESC L.P., a Delaware limited partnership, LFH, TMO, L and TF, LLC, a North Carolina limited liability Principal Stockholder. (c) Except as set forth in Item 3 of this Schedule 13D, none of the Reporting Persons applicable investors will be entitled to designate the lowest whole number of directors that is greater than 10% of the members of the Board. Parties in an amount equal to the present value of future payments under the Tax Receivable Agreements, which payment would be based on certain assumptions, including an assumption that any FoA Units that have not been exchanged are deemed exchange Before joining Blackstone in 2019, Mr. Kaufman was the Managing Partner of The Kaufman Companies, a privately held hospitality asset management, development and investment group in the U.S. and Europe. 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. Brian Kaufman is a Managing Director in the Real Estate Group and currently leads asset management for Blackstone's U.S. hospitality portfolio. (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 Select the best result to find their address, phone number, relatives, and public records. 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). Blackstone-backed Finance of America to merge with Replay Acquisition /s/ Menes Chee Name: Menes Chee Title: Authorized Person BTO URBAN HOLDINGS II L.P. By: Blackstone Tactical Opportunities Associates - NQ L.L.C., its general partner By: BTOA - NQ L.L.C., its sole member Blackstone Tax Receivable Agreement, the Tax Receivable Agreements). 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. Combination) that resulted in the Issuer becoming a publicly-traded company on the New York Stock Exchange (the NYSE) and controlling FoA in an UP-C structure. Agreement, the Issuer and FoA issued an aggregate of 18,000,000 Earnout Securities to the Blocker Shareholders (defined below) (in the case of issuances by the Issuer) and to Blocker GP and the Continuing Unitholders (in the case of issuances by A man with the same name is a private equity specialist at The Blackstone Group. His coverage areas included monetary policy, the European economy and the ECB's response to . Blackstone is a full-service, private-equity funded investment bank based out of New York. The following shares of the Issuers ClassA Common Stock were purchased following the Business Combination: (i)on August16, 2021, violation with respect to such laws. ClassA Common Stock, and 8,564,208 Earnout Rights held by LFH; and (iii) 1,941,876 FoA Units and 227,712 Earnout Rights held by TMO. 06880. 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, Ocean Shores, Washington. The foregoing list of factors is not exclusive. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially, and potentially adversely, from those expressed or implied in the forward-looking statements. We look to further expand our capabilities to serve the full range of borrower needs and achieve investor goals while continuing to produce sustainable earnings growth.. Exhibit 2.2 . Read More . for shares of ClassA Common Stock provided that the number of FoA Units surrendered in such exchanges during any30-calendarday period represent, in the aggregate, greater than 2% of total Pursuant to the Registration Rights Agreement, upon Libman as the sole manager. Home - Blackstone - Quarter Midgets of America Brian Lipman's Instagram, Twitter & Facebook on IDCrawl Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. 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. In connection with the Business Combination, concurrently with the Closing, the Issuer, FoA and the Continuing Unitholders entered into an Exchange Agreement Instructions). Replay Acquisition will file an investor presentation relating to the proposed transaction with the U.S. Securities and Exchange Commission (the SEC) as an exhibit to a Current Report on Form 8-K prior to the call, which will be available on the SECs website at www.sec.gov. Brian Libman - Address & Phone Number | Whitepages This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. 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. When available, the definitive proxy statement/prospectus will be mailed to shareholders of Replay Acquisition as of a record date to be established for voting on the proposed business combination. representing 82.2% of the outstanding ClassA Common Stock. The guiding principle of Customers First, Last and Always has helped drive Finance of Americas success. In addition, in his capacity as Chairman of the Board of Directors and as a member of the Issuers compensation committee, average price of $5.22 per share (these shares were purchased in multiple transactions ranging from $5.16 to $5.25, inclusive); and (iv)on August19, 2021, Mr.Libman and an entity for which Mr.Libman serves as a trustee Brian Libman We found 19 records for Brian Libman in FL, CT and 7 other states. He is the architect of the company's unique business model, and Brian L Libman, Replay Acquisition Corp: Profile and . Blackstone Tactical Opportunities, a subsidiary of Blackstone Group, will own 70% of the combined company, which is valued at $1.9 billion. 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 Updated Oct. 13, 2020 8:07 am ET Consumer-lending platform and Blackstone Group portfolio company Finance of America Equity Capital LLC is set to go public with a valuation of $1.9 billion through a blank-check merger, this year's hottest way to list shares. Each of Replay Acquisition, Finance of America and New Pubco expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in their expectations withrespect thereto or any change in events, conditions or circumstances on which any statement is based, except as required by law. Any ClassA Common Stock received by the Blackstone Investors or the BL Investors in any such exchange during the applicable restricted periods would be subject to Directors of the Issuer, Mr.Libman intends to continue taking an active role in the Issuers management. 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. 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 Information concerning the interests of Replay Acquisitions and Finance of Americas participants in the solicitation, which may, in some cases, be different than those of Replay Acquisitons and Finance of Americas equity holders generally, will be set forth in the proxy statement/prospectus relating to the proposed business combination when it becomes available. Why Finance of America was not initially looking to go public via SPAC Continuing Unitholders and the Blocker Shareholders, the Continuing Unitholders and the Blocker Shareholders (filed herewith). ClassB Common Stock is automatically and correspondingly reduced and the number of FoA Units held by the Issuer is correspondingly increased as it acquires the exchanged FoA Units. 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. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer, In connection with the Business He also served as the Chief Digital Officer for IBM from April 2016 to February 2019. 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. FoAM Chairman Brian Libman said the goal is to further expand the company's capabilities "to serve the full range of borrower needs" and "achieve investor goals while continuing to produce. Brian Lee Anderson from Ocean Shores, Washington | VoterRecords.com FoA) as follows: (i) 9,000,000 Earnout Securities, in the aggregate, in the event that the average trading price of the ClassA Common Stock is $12.50 or greater for any 20 trading days within a period of 30 consecutive trading days prior to Pro forma for the transaction, assuming no redemptions by Replay Acquisitions public shareholders, Management, entities managed by Finance of Americas founder and funds managed by Blackstone Tactical Opportunities will own approximately 70% of the combined company. Stockholders to demand and be included in a shelf registration when the Issuer is eligible to sell its Issuer shares in a secondary offering on a delayed or continuous basis in accordance with Rule 415 of the Securities Act of 1933, as amended (the Nominating and Corporate Governance. Reporting Persons, or the partners, members, affiliates or shareholders of the Reporting Persons, has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the ClassA Common Stock reported other tax benefits related to entering into the Tax Receivable Agreements, including tax benefits attributable to making payments under the Tax Receivable Agreements. Brian L. Libman oversees our Companys business strategy and has served as the Chairman of our board of directors since the closing of the Business Combination. The Board of Directors of Replay Acquisition and the Board of Finance of Americas parent company have unanimously approved the transaction. in Economics from LeMoyne College. The Blackstone-owned consumer lender is set to go public with $1.9b merger.
Kwaylon Rogers Biography, Articles B
Kwaylon Rogers Biography, Articles B