MHR Fund Management explained

Company Name:	MHR Fund Management
Company Type:	Private
Foundation:	1996
Location:	New York, New York
Assets:	$658 million

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]

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.

In 2004, MHR began accumulating shares in Lionsgate.^[5]

External links

• MHR Fund Management (company website)

Notes and References

1. Web site: Activist investor Mark Rachesky again goes toe-to-toe with mentor Icahn. Effinger . Anthony . 20 March 2013. Washington Post. 30 October 2017.
2. Web site: The Smart Money Behind 'The Hunger Games'. Vardi. Nathan. 30 October 2013. Forbes. 30 October 2017.
3. Web site: Meet Mark Rachesky: The Protege Who Stabbed Icahn In The Back. Lewis. Hilary. 23 March 2009. Business Insider. 30 October 2017.
4. Web site: Here are the 10 biggest activist money managers and some of their most impressive bets. Butt. Rachel. 16 June 2016. Business Insider. 30 October 2017.
5. Web site: Lions Gate Admits, To Beat Carl Icahn, It Committed Wrongdoing, Settles SEC Charges. Vardi. Nathan. 13 March 2014. Forbes. 30 October 2017.