Lynn Tilton serves as chief executive officer and sole principal of Patriarch Partners, LLC and its affiliated entities (“Patriarch”). Tilton’s career spans 27 years and encompasses private equity, distressed asset management, financial engineering, loan sales and trading, investment banking and senior management.
In addition to her role at Patriarch, Tilton currently serves as the chairman and chief executive officer of MD Helicopters, Inc., a leading manufacturer of commercial and military aircraft.
Tilton founded Patriarch Partners to develop innovative financial solutions and to manage and monetize the distressed portfolios of financial institutions. The platform later evolved toward fund investments focused primarily upon the acquisition of companies undergoing pervasive change and loan origination to those same companies.
Under Tilton’s leadership, Patriarch has positioned itself as a proactive partner to companies during periods of operational, industrial and economic transformation. Patriarch provides liquidity, time and strategic support, frequently saving U.S. companies and U.S. jobs. Patriarch inspires management teams to rebuild, using creative structural solutions and add-on investments in order to enhance companies’ long-term values.
Prior to founding Patriarch Partners, Tilton was an executive at Long Drive Management Trust (“LDMT”), where she served a dual role in (1) the development of strategies for the distressed debt CDO managed by that firm, and (2) the creation of new varieties of investment vehicles.
Prior to her tenure at LDMT, Tilton was Executive Managing Director of Papillon Partners, Inc., a firm that she founded to offer customized research, valuation and execution services to sellers of bank debt. Papillon Partners focused on middle-market loans as well as broadly syndicated credits and illiquid corporate bonds. In addition to operating a loan trading desk and research department, Papillon Partners was the holding company for an NASD-registered broker/dealer. Before Papillion Partners, Tilton accumulated eight years of experience in the research, sales, trading and investing of distressed debt at Oppenheimer.
Two days after being accused by the SEC of defrauding investors, Lynn Tilton, Patriarch Partners CEO and her firm are suing back.