The Company operates in four large and growing markets including Mortgage, Reverse Mortgage, Commercial Real Estate, and Fixed Income Investing, with each supported by powerful structural tailwinds such as low interest rates, underserved markets, fragmented competition, constructive demographic trends, and favorable supply and demand imbalances, which lower volatility and create stable, growing earnings. an aggregate of 74,975,251 FoA Units, 1,706,911 shares of ClassA Common Stock and 8,791,920 Earnout Rights, which includes (i) 326,664 shares of ClassA Common Stock held by Mr.Libman; (ii) 73,033,375 FoA Units, 1,380,247 shares of We look forward to accelerating our growth across cycles as we increasingly leverage our complementary portfolio of businesses, differentiated technology capabilities, and a capital-light model with fully integrated capabilities., Menes Chee, Senior Managing Director at Blackstone, said: Blackstone is proud to have supported the Companys significant growth since its founding becoming a leader and innovator in the market. Brian Flowers may also have lived outside of Ocean Shores, such as Aberdeen, Lacey and Seattle. Information concerning the interests of Replay Acquisitions and Finance of Americas participants in the solicitation, which may, in some cases, be different than those of Replay Acquisitons and Finance of Americas equity holders generally, will be set forth in the proxy statement/prospectus relating to the proposed business combination when it becomes available. include a signed original and five copies of the schedule, including all exhibits. Through this platform we offer products and services that meet customers financial needs throughout each phase of their lives. Meanwhile, Cook and Brian Libman, the founder of Finance of America, worked with West, a partner in Centerbridge, during their days as executives at Green Tree Servicing (a company that was merged into the now-defunct Ditech). Engage via Email. Furthermore, pursuant to the Stockholders Agreement and subject to certain exceptions as set forth therein, for a period of 180 days following the Closing In addition, Finance of America offers complementary lending services to our business partners and to enhance the customer experience, as well as capital markets and portfolio management capabilities to optimize distribution to investors. 11/21/2022 3:24 AM. For Finance of America Investor Relations: ir@financeofamerica.com, For Finance of America Media: pr@financeofamerica.com, For Replay Acquisition Corp.: info@replayacquisition.com. Lance N. West joined the Companys board of directors upon the closing of the Business Combination. Tax Receivable Agreements. $5.20, inclusive); (ii) on August17, 2021, Mr.Libman and an entity for which Mr.Libman serves as a trustee purchased 15,896 and 45,241 shares, respectively, at a weighted average price of $5.24 per share (these shares were in light of the Issuers business, financial condition and operating results, general market and industry conditions or other factors. Updated Oct. 13, 2020 8:07 am ET Consumer-lending platform and Blackstone Group portfolio company Finance of America Equity Capital LLC is set to go public with a valuation of $1.9 billion through a blank-check merger, this year's hottest way to list shares. ownedby each reporting person with: Aggregate Amount Beneficially Owned by Each Reporting Person, Check if the Aggregate Amount in Row The Earnout Right RSUs will have The consumer-lending platform said a merger with publicly-listed SPAC Replay Acquisition is in place. Your California Privacy Rights/Privacy Policy. He is a male registered to vote in Grays Harbor County, Washington. Continuing Unitholders and the Blocker Shareholders, the Continuing Unitholders and the Blocker Shareholders (filed herewith). Further information is available at www.blackstone.com. Simpson Thacher & Bartlett LLP is acting as legal advisor to Finance of America. Blackstone Tax Receivable Agreement, the Tax Receivable Agreements). A telephone replay will be available at 1-844-385-9713, replay pin number: 52917. Select the best result to find their address, phone number, relatives, and public records. I upgraded everything the kitchen, twice, he said. Except as described in this Schedule 13D, the Reporting Persons do not have any present plans or proposals that relate to or would result in any of the Our platform is product agnostic, with the ability to shift our focus and resources as the opportunity set changes. All subsequent written and oral forward-looking statements concerning Replay Acquisition, Finance of America or New Pubco, the transactions described herein or other matters and attributable to Replay Acquisition, Finance of America, New Pubco or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. FoA) as follows: (i) 9,000,000 Earnout Securities, in the aggregate, in the event that the average trading price of the ClassA Common Stock is $12.50 or greater for any 20 trading days within a period of 30 consecutive trading days prior to Furthermore, the Stockholders Agreement also requires the Issuer to cooperate with the Principal Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC served as lead placement agents and Credit Suisse Securities (USA) LLC served as placement agent for the PIPE. Unitholders and Blocker Shareholders will deliver to the Issuer FoA Units and shares of ClassA Common Stock, respectively, in settlement of the awards in accordance with the terms set forth in the LTIP Award Settlement Agreement. LIBMAN BRIAN L SC 13D Filing Concerning FOA on 2021-08-16 - WhaleWisdom.com Such persons can also read Replay Acquisitions Annual Report on Form 10-K for the fiscal year ended December 31, 2019, for a description of the security holdings of Replay Acquisitions officers and directors and their respective interests as security holders in the consummation of the proposed business combination. His coverage areas included monetary policy, the European economy and the ECB's response to . 1,000 FoA Units as of the record date for determining stockholders of the Issuer that are entitled to vote on a particular matter, such holder will be entitled by virtue of such holders ClassB Common Stock to 1,000 votes on such matter. This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Finance of America Mortgage closes $1.9 billion SPAC merger On June 9, 2022, Mr. Libman was granted 47,619 restricted stock units, which vest on the earlier of (i) June 9, 2023 or (ii) the first regularly scheduled annual meeting of the stockholders of the Issuer following the grant date and each of which represents a contingent right to receive one share of Class A Common Stock of the Issuer. Alexander Libman Email & Phone Number - The Bla.. | ZoomInfo All Filters. Pursuant to the terms of the Amended and Restated Long-Term Incentive Plan (the LTIP), FoA granted to each employee who held phantom units Brad Finkelstein Originations Editor, National Mortgage News Reprint Previously cities included Nantucket MA, Miami FL and Sunny Isles Beach FL. He is in the debt capital markets group focusing on the financing of real estate investments in the Americas. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Jan 02, 2022. Board Members. The foregoing list of factors is not exclusive. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. In addition, in his capacity as Chairman of the Board of Directors and as a member of the Issuers compensation committee, Pursuant to the Transaction the ClassA Common Stock that they may be deemed to beneficially own. 57 %. billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. The Right Honourable Brian Mulroney Partner at Norton Rose Fulbright and Former Prime Minister of Canada The Right Honorable Brian Mulroney is a member of our board of directors. Best Match Powered by Whitepages Premium AGE 50s Brian Mitchell Libman Delray Beach, FL (Kings Point) Aliases Brian M Lebman View Full Report Addresses The companies expect $250 million in funding from institutional investors through private investment in public equity (PIPE) of $10 per share. of Blackstone Inc. (Blackstone) are deemed to be members of a group for purposes of Section13(d) of the Securities Exchange Act of 1934, as amended. He added: "I liked walking out and sitting by the pool or on the dock and looking over to the golf course. (e) During the last five years, none of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body Brian Carroll in Ocean Shores, Washington | Phone Number, Email Most of these factors are outside Replay Acquisitions and Finance of Americas control and are difficult to predict. Before joining Blackstone in 2019, Mr. Kaufman was the Managing Partner of The Kaufman Companies, a privately held hospitality asset management, development and investment group in the U.S. and Europe. The principal business of Mr. Libman is managing the affairs of LFH and TMO, including with respect to their investment in the Issuer and, in such capacity, serves as Chairman of the Issuer. Pro forma for the transaction, assuming no redemptions by Replay Acquisitions public shareholders, Management, entities managed by Finance of Americas founder and funds managed by Blackstone Tactical Opportunities will own approximately 70% of the combined company. Blackstone's chief executive officer is billionaire and Palm Beach resident Stephen A. Schwarzman. Finance of America and Replay Acquisition will host a joint investor conference call and webcast to discuss the proposed transaction today, October 13, 2020 at 8:00 am ET. from Columbia Law School and a B.S. other tax benefits related to entering into the Tax Receivable Agreements, including tax benefits attributable to making payments under the Tax Receivable Agreements. RELATED: Views keep things lively at Lickles home on Everglades Island. The description of the Stockholders Agreement, Exchange Agreement, Registration Rights Agreement, Transaction Agreement, Letter Agreements, Tax Receivable The buyer, who owns a Park Avenue penthouse in New York City, signed a 30-year, $7-million mortgage on the property with First Republic Bank of San Francisco, property records show. in Electrical Engineering from Tufts University in 1982. ClassB Common Stock is automatically and correspondingly reduced and the number of FoA Units held by the Issuer is correspondingly increased as it acquires the exchanged FoA Units. Also, subject to applicable approvals from the compensation committee of the board of directors of the Board, Mr.Libman Report on Form 8-K filed on April7, 2021). securities purchased pursuant to PIPE Agreements executed concurrently with the execution of the Transaction Agreement or on the open market. will continue to evaluate the possibility of acquiring additional shares of ClassA Common Stock. (c) Pursuant to the limited liability company agreements of LFH and TMO, each of LFH and TMO is managed by a board of managers consisting of Brian Email. Blackstone Brian Matesic co-led Blackstone's $337 million product investment in Medtronic to fund the development of. Beyond product offerings, the Company offers ancillary services to its partners and to enhance the customer experience, resulting in incremental fee income. In connection with the acquisitions described in this Schedule 13D, the Reporting Persons have evaluated and These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially, and potentially adversely, from those expressed or implied in the forward-looking statements. dated as of October12, 2020, by and among the Issuer, FoA, the Continuing Unitholders and the Blocker Shareholders, the Continuing Unitholders (including LFH and TMO) and the Blocker Shareholders agreed to pay and bear the economic TMO, one share of the Issuers ClassB common stock, par value $0.0001 per share (the ClassB Common Stock). Our People - Blackstone Brian Flowers in Ocean Shores, Washington | Phone Number, Email Pursuant to the terms of the Amended and Restated Long-Term Incentive Plan, 25% of the Replacement RSUs vested on the RSU grant date (the Grant Date RSUs), and the remaining 75% will interests in partnership capital or profits. In addition, in connection with the Business Combination, the Issuer issued to each of the Continuing Unitholders, including LFH and Moving forward as a public company, we believe Finance of America is poised for continued success together with its new investment partners and exceptional management team.. He is the architect of the Companys unique business model, and it is his vision that guides the Company. Finance of America is set to merge with the special-purpose acquisition company, or [] Numberof shares beneficially 73,033,375 limited liability company units of FoA (FoA Units), 1,380,247 shares of ClassA Common Stock and 8,564,208 Earnout Securities of the Issuer (Earnout Rights) and (ii)TMO received 1,941,876 Stockholders in connection with certain future pledges, hypothecations, grants of security interest in or transfers (including to third party investors) of any or all of the FoA Units held by the Principal Stockholders, including to banks or
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