Please join us for a fireside chat with distinguished investors and former hedge fund leaders Michael Leffell and Jonathan Kolatch (MBA 1982), moderated by Ted Seides (MBA 1999).
Ted Seides will guide a thoughtful conversation that weaves in lessons from Michael’s and Jonathan’s decades of experience leading hedge funds and subsequent transition to private market investing.
Michael and Jonathan will discuss where they’re seeing opportunity in today’s challenging market environment, common pitfalls in due diligence/deal selection, and how to capitalize on structural dynamics across capital markets, among other topics.
Participants must register by NOON on February 6th to receive details on joining the discussion. The Zoom link will be sent out 24 hours before the event.
Founder and Chairman at 10 East
Michael Leffell is the Executive Chairman at 10 East, where he is responsible for overseeing investment execution and the overall strategic direction of the business.
Mr. Leffell has +33 years of experience building industry leading investment firms and as an investor in distressed debt, real estate, private credit, private equity, and venture capital. Prior to founding 10 East and founding Portage Partners in 2010, Mr. Leffell was the Deputy Executive Managing Member of Davidson Kempner Capital Management, an event driven, multi-strategy hedge fund. While at the firm, Mr. Leffell also co-led the Distressed Securities investment strategy for 20 years. With Mr. Leffell’s guidance, the firm expanded to manage more than $10 billion with over 150 employees in New York and London.
Mr. Leffell received his J.D. from Columbia Law School, where he was a Harlan Fiske Stone Scholar, and earned a B.A., magna cum laude, Phi Beta Kappa, from Clark University, where he was awarded the H. Donaldson Jordan Prize in History.
Founder - Redwood Capital
Mr. Kolatch founded Redwood Capital Management in August 2000 after a long career at Goldman Sachs. Redwood is focused on investing in the high yield and distressed credit markets. The firm has a deep value orientation, with an emphasis on mid- to large size companies experiencing dislocations in their business environment. The firm’s assets under management grew to over $5B and Jonathan retired from the firm in the middle of 2020. The flagship fund had a compounded return of 13% during his tenure.
Mr. Kolatch graduated from Columbia College and Harvard Business School. He joined Goldman Sachs in 1982 and held various positions in Corporate Finance, Corporate Bond Research, High Yield Trading and Credit Arbitrage. He became a Partner of Goldman Sachs in 1994.
Founder - Capital Allocators
Ted Seides, CFA is the founder of Capital Allocators, an ecosystem that includes podcasts, gatherings (Capital Allocators Summits and Capital Allocators University), and advisory to managers and allocators.
He launched the Capital Allocators podcast in 2017. The show reached 13.5 million downloads in December 2022 and has been recognized as the top institutional investing podcast.
In March 2021, Ted published his second book, _Capital Allocators: How the world’s elite money managers lead and invest_ that distills key lessons from the first 150 episodes of the podcast.
Ted previously worked under David Swensen at the Yale Investments Office, invested directly at three of Yale’s managers, co-founded and served as Co-CIO of Protégé Partners, and made a famous bet with Warren Buffett.
Ted graduated Cum Laude from Yale University and received an MBA from Harvard Business School.
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