Founding Partner & Chief Investment Officer
GoldenTree Asset Management
Steven Tananbaum is Founder, Managing Partner and Chief Investment Officer of GoldenTree Asset Management, overseeing the firm’s investments across all fund offerings. In addition, Mr. Tananbaum is a Lead Portfolio Manager for GoldenTree Loan Management. Mr. Tananbaum chairs GoldenTree Asset Management’s Executive Committee and is a member of the Risk Committee and Distressed Committee. A veteran of the credit markets with over 30 years of investing experience, Mr. Tananbaum founded GoldenTree in 2000 and was instrumental in building the firm into an organization that is highly regarded for its investment process and partnership culture. Known for its focus on fundamental and relative value analysis, GoldenTree has produced strong competitive returns across product lines since its inception. The firm has grown into an organization of 24 partners, approximately 250 employees and nearly $47 billion of assets under management. Prior to forming GoldenTree, Mr. Tananbaum spent over a decade at MacKay Shields. He was head of the firm’s high yield group beginning on June 1, 1991 and, in 1997, founded its hedge fund business and served as the lead portfolio manager. Under Mr. Tananbaum’s leadership, MacKay Shields’ high yield mutual funds were rated in the top 5% by Lipper from June 1, 1991 through December 31, 1999. Prior to joining MacKay Shields, Mr. Tananbaum worked primarily on high yield and merger & acquisition transactions in the corporate finance department of Kidder, Peabody & Co. He is a graduate of Vassar College with a B.A. in Economics. Mr. Tananbaum is a CFA charterholder. He is a Member of the Board of Trustees of The Museum of Modern Art and a Member of the Council on Foreign Relations.
Partner
Akin Gump Strauss Hauer & Feld LLP
Ira Dizengoff focuses on large, complex corporate restructurings, both out of court and in Chapter 11.
Ira represents official committees and ad hoc groups of unsecured creditors, ad hoc groups of secured creditors, debtor in possession lenders, institutional investors, hedge funds and acquirers of businesses and assets. His restructuring matters encompass a variety of industries and involve multijurisdictional and cross-border matters.
In addition, Ira has advised numerous companies in restructurings and recapitalizations in and out of court, including Sanchez Energy Corporation; Payless Holdings LLC; FirstEnergy Solutions Corp.; Millennium Health, LLC; Coso Geothermal Power Holdings, LLC; Allied Nevada Gold Corp.; Quiznos; TerreStar Networks; American Media Inc.; Atari Inc.; PetroRig entities; Marquis Jet Partners, Inc.; Foamex International Inc.; Granite Broadcasting Corporation; U.S. Shipping Corp.; and Trident Resources Corp.
Ira received his J.D. in 1992 from the Benjamin N. Cardozo School of Law, where he was a member of the Cardozo Law Review. He received his B.A. magna cum laude in history from Brandeis University.
Ira is a frequent lecturer at leading high-yield conferences and restructuring seminars. He is involved in community and charitable activities and has received recognition for his accomplishments in this area. He currently chairs the Board of Overseers of the Benjamin N. Cardozo School of Law.