Management


EXPERIENCED MANAGEMENT TEAM WITH PROVEN SPAC TRACK RECORD
Stephen C. Smith
CEO, Chairman
Co-founded The Seaport Group, a full-service independent investment bank offering capital markets advisory, sales, trading, and research services in 2001
Founded and serving as CEO and Chairman of the Investment Committee of Seaport Global Asset Management LLC, an SEC-registered investment advisor
Served as managing director focusing on distressed sales and trading at Amroc Securities, a financial service firm
Co-founded Libra Investments, a distressed debt broker-dealer acquired by U.S. Bancorp in 1999
Worked at several financial management and services companies including S.N. Phelps & Co., Jefferies & Company, and ran the taxable fixed income trading desk at Merrill Lynch
Jay Burnham
Chief Financial Officer
Over 30 years of experience in distressed and high yield investing
Currently serving as a Member of SGAM’s Investment Committee and Managing Member of Sunset Way LLC, an asset management company
Served as Director of Seaport Global Acquisition Corp. , a SPAC that completed its merger with Redbox in Oct. 2021
Investment Analyst and Manager for multiple companies before becoming the Portfolio Manager at Cypress Management, LLC, an investment management firm.
Acted as a director of a number of public and private companies in turnaround situations such as Live Entertainment, Inc., Bally’s Grand, Inc. and New Millennium Homes, LLC.
Salvatore Bonomo
Chief Operating Officer
Was Vice President at HPS Investment Partners working in both the Valuations Group and the Operations Group from 2015 to 2021
Responsible for maintaining pricing and valuations for all investments across multiple platforms and for assisting in supervising daily and monthly processes
Worked at Armory Advisors, LLC, responsible for numerous middle office functions including operations, treasury and cash management, corporate actions, financial reporting, valuations and investor relations
Previously worked for The Seaport Group, LLC as an operations specialist beginning in 2010
Edward Heim
Secretary
Senior Operations Associate at SGAM since July 2019
Director of Operations for Armory Advisors, LLC, responsible for all firm wide operations, including maintaining investment portfolios, fund reconciliations, profit & loss reporting, overseeing trade settlements, financial reporting, valuations, marketing and investor relations from 2015 – 2019
Previously worked for Progressive Credit Union as a commercial loan underwriter beginning in April 2013
Astoria Federal Savings and Loan Association worked as Personal banker from 2011-2013
Bachelor of Science in Business Management from the Peter J. Tobin College of Business at St. John’s University
Board Of Directors
Shelley Greenhaus
Director
Former Director of Seaport Global Acquisition Corp.
Portfolio Manager at Oppenheimer & Co. Inc., a full-service brokerage firm and investment bank, with responsibility for distressed investments from 1983-1990
Financial Analyst and Portfolio Manager for the William Rosenwald Family, a family office, where he was primarily involved in analyzing and managing investments involving corporate reorganizations, liquidations and related special situations
Began his business career in 1978, working as a financial analyst at Loeb, Rhoades, Hornblower & Co., a brokerage company, where he was primarily involved in analyzing risk arbitrage opportunities and distressed securities
Spent 1996-2004 serving on. the board of directors for multiple companies
These included Barneys New York, Inc., Marvel Enterprises, Inc., and GWI Holding, Inc.
Joined the board. of directors of Commercial Furniture Group, Inc., a commercial furnishings company
Jeremy Hedberg
Director
Joined Värde in November 1997 and has managed its liquid investing activities globally and led significant investments in the residential mortgage sector in the U.S.
Former Director of Seaport Global Acquisition Corp.
Served on a number of boards of portfolio companies of Värde funds
Served on many official creditors’ committees and a number of adhoc committees to restructure companies in bankruptcy
Worked for Goldner Hawn Johnson & Morrison, a private equity fund specializing in middle-market leveraged buyouts
Worked for Wessels, Arnold & Henderson, a full-service investment bank specializing in high-growth companies
Charles Yamarone
Director
Chief Corporate Governance and Compliance Officer of Houlihan Lokey, Inc., a global investment bank (“Houlihan Lokey”), since January 2016
Former Director of Seaport Global Acquisition
Senior Investment Banker in Houlihan Lokey’s capital markets group from 2014-2015
Senior officer of Libra Securities, an institutional broker dealer; was involved in all areas of Libra Securities’ business from 1991 – 2009
Director of the El Paso Electric Company and served as chairman of the audit committee, compensation committee and a member of the energy and resource committee
Served as Chairman of the Board of El Paso Electric from 2015-2020
United Continental Holdings, Inc. served as a member of the board of directors, chair of the compensation committee, a member of the executive committee and audit committee from 2010-2016
Continental Airlines, Inc. served as a member of the board of directors, chairman of the human resources committee and a member of the corporate governance committee from 1995-2010
Previously served as a director of Bally’s Grand, Inc. (Nasdaq: BGLV), LIVE Entertainment, Inc.(Nasdaq: LVE), Merry-Go-Round Enterprises, Inc. (NYSE: MGRE), and Vagabond Inn Corporation, a hotel chain