Chairman & CEO
Ashok Nayyar | Chairman & CEO
Ashok Nayyar has been our Chief Executive Officer and has served as our Chairman of our board of directors since our inception in July 2020. Mr. Nayyar is the Founder and has served as the Managing Director and Chief Investment Officer of MC since May 2013. Mr. Nayyar has over 18 years of bulge-bracket finance experience. He was the co-head of Global Leveraged Finance at Morgan Stanley & Co. LLC (“Morgan Stanley”) from 2006 to 2008 where he had responsibility for leveraged loans, high yield bonds, asset-based loans, debtor-in-possession lending, non-investment grade and investment grade acquisition finance and syndication of all non-investment grade debt transactions. Mr. Nayyar joined Salomon Brothers in 1989 and was a Managing Director in the Leveraged Finance group at Citigroup from 1997 to 2006. He served as co-head of the North American Leveraged Finance group at Citigroup from 2003 to 2006. Under his leadership, Citigroup moved from the number four ranked high yield underwriter to number one. Mr. Nayyar was a member of the Debt Capital Markets Management Committee at Citigroup and a member of the Investment Banking Management Committee and the Global Capital Markets Management Committee at Morgan Stanley. In addition to his responsibility for supervising all leveraged capital raising as group head at Citigroup and Morgan Stanley, Mr. Nayyar has worked on and overseen transactions which raised in excess of $250 billion in leveraged loans, bridge loans, high yield bonds and mezzanine debt. Mr. Nayyar serves on the board of directors of Ryan, LLC and formerly served on the board of Endeavor International Corporation. Mr. Nayyar holds an M.B.A. from the University of Chicago Graduate School of Business and a B.A. from Columbia University. Mr. Nayyar’s significant investment and financial expertise make him well qualified to serve as a member of our board of directors.
Michael Zimmerman | Co-President
Michael Zimmerman has been our Co-President since our inception in July 2020. Mr. Zimmerman is a Co-Founder and has served as Managing Director of MC since May 2013. Prior to joining MC, Mr. Zimmerman was a Senior Managing Director of Cyan Partners, LP and from 2004 to 2011 served as President of Tower Capital, LLC, a hedge fund of funds providing manager selection, portfolio management, hedging, risk management and monitoring services. From 1994 to 2003, he was a Managing Director in Investment Banking at Salomon Brothers and then the Global Head of Private Equity at Citigroup. Mr. Zimmerman managed the firm’s relationships with many of the industry’s largest private equity franchises. He also provided strategic advisory services to multiple sponsors. Additionally, he ran capital raising for pipes, private equity and mezzanine capital raising for corporate clients. Previously, Mr. Zimmerman was a Managing Director at CS First Boston Group. During his seventeen-year tenure, Mr. Zimmerman was a senior member of the Financial Buyer’s Group, providing investment banking services to private equity clients of the firm. For the first ten years of his career, he was a senior member of the Private Finance Group, and before that was in the Debt Capital Markets Group. Mr. Zimmerman holds an M.B.A. from Columbia University Graduate School of Business and a B.A. from the University of North Carolina at Chapel Hill.
Co-President & Secretary
David Gelobter | Co-President & Secretary
David Gelobter has been our Co-President and Secretary since our inception in July 2020. Mr. Gelobter has served as a Managing Director of MC since October 2015. Prior to joining MC, Mr. Gelobter was the Managing Principal of Emerson Capital, LP, a hedge fund which he founded in 2006 that focused on consumer and services companies as well as special situations, from June 2007 to September 2015. From 2003 to 2005, Mr. Gelobter was an Analyst at Tremblant Capital Group (“Tremblant”), a hedge fund focused on the consumer industry. Prior to Tremblant, he was a Director in the Financial Sponsors Group at Citigroup and Salomon Brothers from 1993 to 2002. Mr. Gelobter started his career in operational and investment roles at General Electric and GE Capital Inc. He is currently a member of the board of trustees for New York Public Radio and a member of the board of directors of Mobile Technologies Inc. Mr. Gelobter holds an M.B.A. from the Harvard Business School and a B.A. from Williams College.
Chief Financial Officer
Barry Best | Chief Financial Officer
Barry Best has been our Chief Financial Officer since our inception in July 2020. Mr. Best has served as a Director of MC since April 2016. Mr. Best has more than 25 years of investment management, investment banking and capital markets experience. He was previously the President of AEG Capital, LLC, a Chicago-based investment banking firm focused on advising middle market companies in connection with private equity and debt capital raising from October 2012 to March 2016. From 2006 to 2009, Mr. Best was the head of Sagent Advisors, LLC’s Private Capital Markets Group. Prior to that he held several senior positions at Citigroup (including its predecessor firms, Salomon Brothers and Salomon Smith Barney) in the Financial Entrepreneurs Group. Mr. Best began his career in 1989 as a member of Salomon Brothers’ Mergers and Acquisitions Group, where he was a co-founder of the Financial Sponsors Group. He is a member of the board of directors of Mobile Technologies Inc. and Precision Spine, Inc. Mr. Best holds an M.B.A. from the University of Chicago Graduated School of Business and a B.A. from the University of Illinois.