NEW YORK, April 22, 2015 /PRNewswire/ -- McCourt Global (MG), a leader in building value through entrepreneurial, strategic, and philanthropic investments, announced that Ken Nguyen has joined the firm as Senior Director of Business Development. Previously, Ken was a vice president in Blackstone's Restructuring and Reorganization practice where he specialized in deal structuring, negotiation, and analysis in complex and time-sensitive situations, and worked extensively with the MG team as an advisor on multiple transactions. In his new role, Ken will serve as a member of MG's leadership team and will guide strategy development and help identify, qualify, and execute new investment opportunities across all of MG's business units. He will be based in the firm's Los Angeles office.
"Ken Nguyen has long been an invaluable asset and ally to MG in an advisory capacity, and I'm extremely pleased to welcome him to the firm as a critical member of the leadership team," said Peter Wilhelm, senior managing director at McCourt Global. "The pace of growth across MG's real estate, finance, and sports businesses has accelerated significantly and we look forward to Ken helping to guide our thinking and execution as we continue to build a global enterprise respected for our value creation, longevity, and generosity."
At Blackstone, Ken led execution of 16 transactions with $45bn in deal value or liabilities, including M&A, capital raises, investments, and restructurings as an advisor to companies and creditors. Notable transactions include advising the Los Angeles Dodgers on their record $2.15 billion sale, MG on its acquisition of a 50% interest in Global Champions Tour, AbitibiBowater on its restructuring of $8 billion in debt (2011 IFR Restructuring of the Year), and a global retailer with over $5 billion in debt on its $1.6 billion exchange offer and strategic alternatives.
Previously, Ken was with Citigroup's Leveraged Finance group where he executed over $5 billion in high-yield bond and leveraged loan transactions and oversaw loan portfolios with credits in the U.S. and Asia across a range of different industries.
Ken earned an MBA in Corporate Restructuring and Reorganization from the Wharton School of Business and a BS in Finance and Management from the Leonard N. Stern School of Business.
About McCourt Global
McCourt Global (MG) is a leader in building value through entrepreneurial, strategic, and philanthropic investments. With roots dating back to 1893, MG was founded by real estate developer and philanthropist Frank H. McCourt, Jr. MG's principal business units include: MG Properties, its real estate investment and development arm with current projects in New York City, London, Miami, and Austin; MG Capital, the global investment solutions unit that recently launched specialty finance firm MGG Investment Group; and MG Sports & Media, whose businesses include the LA Marathon and Global Champions Tour, the premier global show jumping series. MG is headquartered in New York City, with offices in Los Angeles and London. Additional information can be found at mg.com.
SOURCE McCourt Global