brian libman blackstone

"Becoming a public company is an important milestone for Finance of America and provides further access to capital via the public markets over time,"said Finance of America CEO Patricia Cook. Most of these factors are outside Replay Acquisitions and Finance of Americas control and are difficult to predict. securities purchased pursuant to PIPE Agreements executed concurrently with the execution of the Transaction Agreement or on the open market. Mr. Pratcher holds a J.D. Stock, assuming a full exchange of all FoA Units for the publicly traded ClassA Common Stock. In addition, in connection with the Business Combination, the Issuer issued to each of the Continuing Unitholders, including LFH and Tactical Opportunities (Tac Opps) is Blackstones opportunistic investment platform. Watch . Also, subject to applicable approvals from the compensation committee of the board of directors of the Board, Mr.Libman 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. The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section18 of the Securities The house landed under contract June 9, and the sale closed July 2, the MLS shows. 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. Finance of America is an end-to-end consumer lending and services platform which seamlessly connects borrowers with investors. Finance of America CEO to retire, search for successor begins On June 9, 2022, Mr. Libman was granted 47,619 restricted stock units, which vest on the earlier of (i) June 9, 2023 or (ii) the first regularly scheduled annual meeting of the stockholders of the Issuer following the grant date and each of which represents a contingent right to receive one share of Class A Common Stock of the Issuer. Anthony W. Villani, Chief Legal Officer, (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications), (Date of Event Which Requires Filing of this Statement), If the filing person has He is the architect of the Company's unique business model, and it is his vision that guides the Company. Pursuant to the Stockholders Agreement, each of certain funds affiliated with Blackstone (the My friends, playing golf, would wave at me.. A man with the same name is a private equity specialist at The Blackstone Group. Lived In Aberdeen WA, Lacey WA, Seattle WA, Huntsville AL . Pursuant to the Registration Rights Agreement, upon The following shares of the Issuers ClassA Common Stock were purchased following the Business Combination: (i)on August16, 2021, Each holder of FoA Units (other than the Issuer and its subsidiaries), 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. Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC served as lead placement agents and Credit Suisse Securities (USA) LLC served as placement agent for the PIPE. If, however, such holder were to hold 500 FoA Units as of the relevant record date, such holder would be entitled by virtue of such holders ClassB Common Stock to 500 votes on such matter. entitled to designate the lowest whole number of directors that is greater than 20% of the members of the Board; and if the Blackstone Investors or the BL Investors, as the case may be, hold between 5% and 20% of such outstanding shares, such 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 . Pursuant to the Transaction The Firm - Blackstone FoA entered into a Stockholders Agreement (the Stockholders Agreement). /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 Finance of America is set to merge with the special-purpose acquisition company, or [] This Schedule 13D (this Schedule 13D) relates to the ClassA common stock, par value $0.0001 per share (the Our platform is product agnostic, with the ability to shift our focus and resources as the opportunity set changes. Persons. interests in partnership capital or profits. other tax benefits related to entering into the Tax Receivable Agreements, including tax benefits attributable to making payments under the Tax Receivable Agreements. The information provided or incorporated by reference in Item 3 is hereby incorporated by reference herein. Brian Lewis Libman - Biography - MarketScreener.com consequences to the Issuer of the obligation to settle such awards Accordingly, in connection with the settlement of each vested Replacement RSU award and any related Earnout Right RSUs for which the earnout condition is achieved, the Continuing Brian K Flowers, 48. Combination, and concurrently with the closing of the Business Combination on April1, 2021 (the Closing and such date, the Closing Date), the Issuer and See Rule 13d-7 for other parties to whom copies are to be sent. The sellers made a variety of changes to the property over the years, expanding the house with a second-story addition and extending the living room onto a lakeside terrace. 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. 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.. Combination, the Blackstone Investors and the BL Investors entered into a letter agreement pursuant to which the Blackstone Investors and the BL Investors agreed, among other things, to permit the Blackstone Investors to have priority over the BL Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of Replay Acquisitions shareholders in connection with the proposed business combination will be set forth in the proxy statement/prospectus for the proposed business combination when available. BTO Securities Act). Finance of America Companies Inc efforts to file a registration statement relating to such demand. Business Combination, concurrently with the Closing, the Issuer and the Principal Stockholders entered into a Registration Rights Agreement (the Registration Rights Agreement). Item5. Independent. Blackstone-backed Finance of America to go public through SPAC deal (d) To the best knowledge of the Reporting Persons, no one other than the consecutive trading days prior to the sixth anniversary of the Closing Date. Item3. For Finance of America Investor Relations: ir@financeofamerica.com, For Finance of America Media: pr@financeofamerica.com, For Replay Acquisition Corp.: info@replayacquisition.com. Blackstone Talked With Ken Griffin's Citadel About Buying Stake Robert W. Lordjoined the Companys board of directors upon the closing of the Business Combination. Last month, another mortgage lender announced plans to go public. Meanwhile, Cook and Brian Libman, the founder of Finance of America, worked with West, a partner in Centerbridge, during their days as executives at Green Tree Servicing (a company that was merged into the now-defunct Ditech). Directors of the Issuer, Mr.Libman intends to continue taking an active role in the Issuers management. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of Replay Acquisitions directors and executive officers in Replay Acquisitions Annual Report on Form 10-K for the fiscal year ended December 31, 2019, which was filed with the SEC on March 25, 2020. Brian Libman, Founder and Chairman of Finance of America, Patricia Cook, Chief Executive Officer, and Graham Fleming, President, will continue to lead the company Implied equity value of the combined company at closing is approximately $1.9 billion Top-tier institutional investors have committed to a $250 million PIPE at price per share of $10.00 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 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. In addition, Finance of America offers complementary lending services to our business partners and to enhance the customer experience, as well as capital markets and portfolio management capabilities to optimize distribution to investors. Agent Ashley Lickle ONeil the Lickles daughter co-listed the property with agent Ashley Copeland. Brian Libman is 57 years old and was born on 08/04/1965. -, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION. 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). LIBMAN BRIAN L SC 13D Filing Concerning FOA on 2021-08-16 - WhaleWisdom.com LFH is to make investments, including in securities of the Issuer. In connection with the Business Combination, concurrently with the Closing, the Issuer, FoA and the Continuing Unitholders entered into an Exchange Agreement 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), Report on Form 8-K filed on April7, 2021). Contact Number In connection with the A Delaware limited liability company linked to Sharon and Brian Libman of New Caanan, Connecticut, paid a recorded $12.4 million for a seaside house at 101 Nightingale Trail. and the Continuing Unitholders, FoA Units. Engage via Email. 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 Blackstone Investors) and an entity controlled by Brian L. Libman (Brian L. Libman and certain entities controlled by him, the BL Investors and, together with the Blackstone Investors, the Principal Personal details about Brian include: political affiliation is unknown; ethnicity is Middle Eastern . Ms. Corio received her MBA in Banking & Finance from Pace University and her B.A. Our daily newsletter is FREE and keeps you up to date with the world of mortgage. 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 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 (a)-(b) This Schedule 13D is being filed by: (i)Brian L. Libman, a United States citizen, (ii)Libman Family Holdings, LLC, a Connecticut limited 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. Urban Financial Sells to Investor Group in $80 Million Deal [update] 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 in Economics from LeMoyne College. The number of directors that each of In his capacity as Chairman of the Board of Name: Brian Libman Title: Manager [Signature Page to Side Letter Agreement] Acknowledged and Agreed BTO URBAN HOLDINGS L.L.C. Numberof shares beneficially (c) Except as set forth in Item 3 of this Schedule 13D, none of the Reporting Persons Finance of America and Replay Acquisition will host a joint investor conference call and webcast to discuss the proposed transaction today, October 13, 2020 at 8:00 am ET. Press Room - Finance of America Companies Prior to creating Finance of America in 2013, he was the managing partner and CEO of Green Tree Servicing and became the Chief Strategy Officer of its public market successor. than 40% of the outstanding shares of ClassA Common Stock, assuming a full exchange of all FoA Units for the publicly traded ClassA Common Stock, such applicable investors will be entitled to designate the lowest whole number of This should allow the combined company to start operations with a minimum of $250 million in cash and cash equivalents. (such holders, the Blocker Shareholders), and (iii)certain Except as described in this Schedule 13D, the Reporting Persons do not have any present plans or proposals that relate to or would result in any of the New York, NY 10153 . 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. ownership of such shares of ClassA Common Stock. Letter Agreement, dated April 5, 2021, by and among Continuing Unitholder Representative and Replay average price of the ClassA Common Stock exceeds certain thresholds. Furthermore, pursuant to the Stockholders Agreement and subject to certain exceptions as set forth therein, for a period of 180 days following the Closing vest in equal installments on each of the first three anniversaries of the Closing Date, subject to each holders continued employment. Finance of America Companies Set to Go Public Through a Business In June, Blacksttone figured into another sale across town. CONFIDENTIAL . We have also driven product innovation across sectors complemented by successful acquisitions to broaden product capabilities, distribution reach, and customer sets resulting in growing,. (11)Excludes Certain Shares (See Instructions), Percent of ClassRepresented by (f) See Item 2(a)-(b) above for citizenship or place of organization, as applicable, of each of the Reporting His coverage areas included monetary policy, the European economy and the ECB's response to . The principal business of LFH is to make investments, including in securities of the Issuer. Through this platform we offer products and services that meet customers financial needs throughout each phase of their lives. trading day period. Stockholders) are entitled to nominate a certain number of directors to the Board, based on each such holders ownership of the voting securities of the Issuer. individuals nominated as the Companys directors in accordance with the terms of the Stockholders Agreement. Investor Conference Call/Webcast Information. It is anticipated that the combined company will begin with a minimum of $250 million of cash and cash equivalents. The principal business of It had no backyard, so I made it into a Charleston garden with the pool, brick (terraces) and fountain, and we put in a major dock, he said. (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 Over half of the sponsors founder shares of Replay Acquisition will be deferred and subject to share price hurdles. Additional information concerning certain of these and other risk factors is contained in Replay Acquisitions most recent filings with the SEC and will be contained in the Form S-4, including the proxy statement/prospectus expected to be filed in connection with the proposed business combination. Pursuant to the LTIP Award Settlement Agreement (the LTIP Award Settlement Agreement), The Reporting Persons intend to review on a continuing basis their investment in Alexander Libman's Phone Number and Email Last Update. certainpre-Closingequityholders of. In his current role as Chairman, Brian Libman oversees Finance of America Companies' business strategy. Prior to joining OEP in 2018, Ms. Corio served as the CFO of American Express Global Business Travel from June 2014 to June 2017. Note: All figures as of December 31, 2022, unless otherwise indicated. any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth above. Board Members. 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. Beyond product offerings, the Company offers ancillary services to its partners and to enhance the customer experience, resulting in incremental fee income. Brian L. Libman. develop such plans and may seek to influence management or the Board of the Issuer with respect to the business and affairs of the Issuer and may from time to time consider pursuing or proposing such matters with advisors, the Issuer or other Pursuant to the terms and conditions of the Stock Purchase Agreement (the " Stock Purchase Agreement "), dated as of December 6, 2022, by and among the Issuer and Libman Family Holdings, LLC, a Connecticut limited liability company (the . Cash proceeds for the new company will include the PIPE capital and $288 million of cash in trust from Replay Acquisition. 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 Agreement and LTIP Award Settlement Agreement contained in this Item 6 are not intended to be complete and are qualified in their entirety by reference to such documents, which are filed as exhibits hereto and incorporated by reference herein. Refine Your Search Results. from Columbia Law School and a B.S. LTIP Award Settlement Agreement, dated as of October12, 2020, by and among the Issuer, FoA, the He added: "I liked walking out and sitting by the pool or on the dock and looking over to the golf course. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Brian Matesic is a principal in Blackstone's life-sciences group. The principal executive offices of the Issuer are located at 909 Lake Carolyn Parkway, Suite shares to be sold by holders that exercise their related piggyback rights in accordance with the Registration Rights Agreement. Blackstone is a full-service, private-equity funded investment bank based out of New York. 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. $5.20, inclusive); (ii) on August17, 2021, Mr.Libman and an entity for which Mr.Libman serves as a trustee purchased 15,896 and 45,241 shares, respectively, at a weighted average price of $5.24 per share (these shares were It recently touted the strength of the housing market and helped make the REO-to-rental market a bona. Stockholders Agreement (incorporated by reference to Exhibit 10.2 to the Issuers Current Report on Form 8-K filed on April7, 2021). Meet the Blackstone BXLS Life-Sciences Investing Team: Interviews 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. Blackstone Tactical Opportunities, a subsidiary of Blackstone Group, will own 70% of the combined company, which is valued at $1.9 billion. Brian Lewis Libman, 57 - New Canaan, CT - MyLife In addition to the Replacement RSUs, participants in the Amended and Restated Long-Term Incentive Plan will be entitled to receive additional Earnout Right Why Finance of America was not initially looking to go public via SPAC

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