Who is lynn tilton of patriarch partners

Under Ms. As a teen, she was a nationally ranked tennis player, practicing nightly to improve her game from am to am when court time was free-of-charge. Tilton later went on to play tennis at Yale University, where she earned a B. It was during her junior year at Yale that she married her high school sweetheart, and lost the father who had been a great inspiration and motivational force in her life.

Adulthood came without much warning. As graduation approached, Ms. Tilton sought the advice of friends as to which career path to pursue, and soon began interviewing at investment banking firms Morgan Stanley and Goldman Sachs, among others. Tilton left Morgan Stanley in , managing restaurants that she owned while attending Columbia Business School. At 25, Ms. Tilton was the single mother of 2-year old Carly Jade, working hours each week.

After nine years at various investment banking firms, Ms. Tilton resigned from management of the trio of Zohar funds in , and converted Patriarch Partners from a private equity firm to a family office to manage her own money. Within two years, all three funds had filed for Chapter 11 bankruptcy protection. Army procurement officer who helped her portfolio company win lucrative military contracts in and ; he later went to work for Patriarch.

Tilton sits in an MD Helicopters chopper in The charges were dismissed, however, in Tilton has also engaged in a legal saga with the bankrupt Zohar funds, which took on new management after she stepped back five years ago. A judge absolved her of the racketeering lawsuit later that year, but the cases keep piling on well into In May, one of the Zohar funds sued Tilton and cosmetics maker Stila in a federal court in Delaware, claiming it had the right to appoint new management of the company, which Tilton has run since A spokesperson for Tilton and Patriarch Partners did not comment on the allegations; she pointed to lawsuits that Tilton and Patriarch filed against MBIA and others for wrongful conduct.

This is a BETA experience. You may opt-out by clicking here. Edit Story. Eliza Haverstock Forbes Staff.