brian libman blackstone

Last month, another mortgage lender announced plans to go public. FoA entered into a Stockholders Agreement (the Stockholders Agreement). 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 FoA. Top-tier institutional investors have committed to invest $250 million in the form of a PIPE at a price of $10.00 per share of the combined companys Class A common stock immediately prior to the closing of the transaction. ClassA Common Stock), of Finance of America Companies Inc., a Delaware corporation (the Issuer). 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. 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 He is the architect of the Companys unique business model, and it is his vision that guides the Company. The foregoing list of factors is not exclusive. 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. Report on Form 8-K filed on April7, 2021). See Rule 13d-7 for other parties to whom copies are to be sent. Tactical Opportunities (Tac Opps) is Blackstones opportunistic investment platform. Continuing Unitholders and the Blocker Shareholders, the Continuing Unitholders and the Blocker Shareholders (filed herewith). Read More . The principal business of Mr. Pratcher holds a J.D. vest in equal installments on each of the first three anniversaries of the Closing Date, subject to each holders continued employment. Through this platform we offer products and services that meet customers financial needs throughout each phase of their lives. misdemeanors). 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 Blackstone has discussed buying a stake in Ken Griffin's Citadel, whose hedge fund could be worth between $5 billion and $7 billion. 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. 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. identical and subject to the same terms, conditions and requirements. Sometimes Brian goes by various nicknames including Brian L Ibman, Brian Lewis Libman and Brian L Libman. Furthermore, the Stockholders Agreement also requires the Issuer to cooperate with the Principal shares to be sold by holders that exercise their related piggyback rights in accordance with the Registration Rights Agreement. LFH is to make investments, including in securities of the Issuer. Units (based on whether such person held ClassA Common Stock or FOA Units, respectively, after the closing of the Transaction Agreement) if, from the closing of the Business Combination until the sixth anniversary thereof, the volume-weighted Nominating and Corporate Governance. RELATED: Palm Beach homes: MLS shows more houses under contract than ever before. Amount in Row (11), Type of Reporting Person (See This Schedule 13D (this Schedule 13D) relates to the ClassA common stock, par value $0.0001 per share (the Stockholders Agreement (incorporated by reference to Exhibit 10.2 to the Issuers Current Report on Form 8-K filed on April7, 2021). My friends, playing golf, would wave at me.. -, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION. For example, if a holder of ClassB Common Stock holds 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 Product offerings include mortgages, reverse mortgages, and loans to residential real estate investors distributed across retail, third party network, and digital channels. The remainder of this cover page shall be filled out for a reporting persons initial filing on this form 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. 2. 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. 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. 1550, Irving, Texas 75039. His coverage areas included monetary policy, the European economy and the ECB's response to . (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 Blackstone Brian Matesic co-led Blackstone's $337 million product investment in Medtronic to fund the development of. Joint Filing Agreement, dated as of August26, 2021, by and among the Reporting Persons (filed herewith). Finance of Americas multiproduct line-up is broadly distributed through retail locations, loan officers, and a third-party origination network and powered by a differentiated end-to-end digital platform, providing jobs to over 5,000 employees globally. In addition to the Replacement RSUs, participants in the Amended and Restated Long-Term Incentive Plan will be entitled to receive additional Earnout Right Resides in Ocean Shores, WA. in Electrical Engineering from Tufts University in 1982. Following the closing of the Business Combination, the Continuing Unitholder Representative and Replay entered into a letter agreement to adjust the amount of (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 57 %. Through this platform we offer products and services that meet customers financial needs throughout each phase of their lives. Credit Suisse Securities (USA) LLC is acting as capital markets advisor to Replay Acquisition. (the Exchange Agreement). The transaction implies an equity valuation at closing for the combined company of $1.9 billion. Before joining the RockCreek Group in 2020, Mr. Pratcher served as the Head of Investments at TFO USA from 2017 to 2019. Watch . 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. BL Investors Tax Receivable Agreement (incorporated by reference to Exhibit 10.7 to the Issuers Current The nomination rights of each Principal Stockholder are substantially We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. 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) Email. 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. The transaction will require the approval of the shareholders of Replay Acquisition, and is subject to other customary closing conditions, including the receipt of certain regulatory approvals. In certain circumstances, Principal Stockholders will be entitled to piggyback registration rights in connection with the demand of Alexander Libman's Phone Number and Email Last Update. will continue to evaluate the possibility of acquiring additional shares of ClassA Common Stock. has effected any transaction in ClassA Common Stock in the past 60 days. 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.. For Finance of America Investor Relations: ir@financeofamerica.com, For Finance of America Media: pr@financeofamerica.com, For Replay Acquisition Corp.: info@replayacquisition.com. 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. Beyond product offerings, the Company offers ancillary services to its partners and to enhance the customer experience, resulting in incremental fee income. 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 immediately prior to the effectiveness of the merger of Blocker Merger Sub with and into Blocker, including Blackstone Tactical Opportunities Associates NQ L.L.C. an aggregate of 74,975,251 FoA Units, 1,706,911 shares of ClassA Common Stock and 8,791,920 Earnout Rights, which includes (i) 326,664 shares of ClassA Common Stock held by Mr.Libman; (ii) 73,033,375 FoA Units, 1,380,247 shares of Founder of Finance of America Cos., Inc. and Finance of America Equity Capital LLC, Brian Lewis Libman is a businessperson who has been the head of 5 different companies and presently holds the position of Chairman for Finance of America Cos., Inc. and Chairman for Finance of America Holdings LLC and Chairman for Finance of America Equity Capital Blackstone Tactical Opportunities, a subsidiary of Blackstone Group, will own 70% of the combined company, which is valued at $1.9 billion. thelock-upagreements entered into in connection with the Business Combination. 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 These shares were I upgraded everything the kitchen, twice, he said. 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. All Filters. the sixth anniversary of the Closing Date; and (ii) 9,000,000 Earnout Securities, in the aggregate, in the event that the average trading price of the ClassA Common Stock is $15.00 or greater for any 20 trading days within a period of 30 Brian Lee Anderson's Washington Voter Registration. 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. 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. The Company is headquartered in Irving, TX, and has an industry leading list of strategic and capital partners including funds managed by The Blackstone Group Inc., the leading global asset manager. 240.13d-1(f) or 240.13d-1(g), check the following box. the sole manager. RELATED: Views keep things lively at Lickles home on Everglades Island. The Grant Date RSUs will be settled on or promptly following the 181st date following the Closing Date. their FoA Units for shares of ClassA Common Stock. Jan 02, 2022. Irving, TX and New York, NY (October 13, 2020): Finance of America Equity Capital LLC (Finance of America or the Company) an end-to-end lending and services platform, and Replay Acquisition Corp. (NYSE: RPLA) (Replay Acquisition), a publicly traded special purpose acquisition company, agreed to a business combination that will result in Finance of America becoming a publicly listed company. (11)Excludes Certain Shares (See Instructions), Percent of ClassRepresented by (c) Except as set forth in Item 3 of this Schedule 13D, none of the Reporting Persons Libman as the sole manager. Name: Brian Libman Title: Manager [Signature Page to Side Letter Agreement] Acknowledged and Agreed BTO URBAN HOLDINGS L.L.C. Personal details about Brian include: political affiliation is unknown; ethnicity is Middle Eastern .

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