Chief Executive Officer of the Manager, Chief Executive Officer of AFC and Class I Director of AFC.
He is responsible for the overall management of AFC and leads the firm’s Investment Committee, which is responsible for overseeing investment processes including origination, credit underwriting, risk analysis and investment approvals. Mr. Tannenbaum and his management team members have been involved in approximately $10 billion of successful loan transactions. Mr. Tannenbaum has extensive leadership experience. He was formerly the founder and CEO of Fifth Street Asset Management (Fifth Street), a credit asset manager with a nationwide platform, which was sold to Oaktree Capital Management in 2017. Prior to its sale to Oaktree, Fifth Street had a core focus on disciplined credit investing across multiple economic cycles, and issued billions of dollars in public equity, private capital and public debt securities. Fifth Street made flexible investments across capital structures to growing middle market companies, primarily in conjunction with private equity sponsors. It managed $5 billion of assets across multiple private investment vehicles and two publicly-traded business development companies. Subsequent to the sale to Oaktree in 2017, Mr. Tannenbaum founded LMT Investments, a singly family office that is focused on allocating capital across various strategies including credit via Tannenbaum Strategic Credit Fund, a $100MM+ fund, equities and real estate. Mr. Tannenbaum graduated from The Wharton School of the University of Pennsylvania, where he received a B.S. in economics. Subsequent to his undergraduate degree from the University of Pennsylvania, he received an MBA in Finance from The Wharton School as part of the submatriculation program. He is also a holder of the Chartered Financial Analyst designation and is a member of The Wharton Graduate Executive Board.
Independent Director of AFC (Class III).
Mr. Frank has more than 30 years’ experience in financial and operational infrastructure. He was previously at Fifth Street Asset Management, where he joined in 2011 and during his tenure through 2017, he held various positions and was responsible for the operations of the Company during his tenure from 2011 to 2017. He was the Chief Operating Officer and Chief Financial Officer of Fifth Street Asset Management from the time of its IPO in 2014 to its sale to Oaktree in 2017. He served formerly as CFO of Fifth Street Asset Management, Managing Director and CFO at Chilton Investment Company and Global Head of Institutional Operations and in other capacities for 22 years at Morgan Stanley. From September 2008 to March 2011, he served as a managing director and Chief Financial officer of Chilton Investment Company LLC, a global investment management firm. Prior to that, Mr. Frank spent over 22 years at Morgan Stanley, having served as global head of institutional operations, global corporate controller and chief financial officer of U.S. broker/dealer operations and global treasurer. In his roles, he oversaw various securities infrastructure services, creating efficiencies throughout the organization, and managed all aspects of the internal and external financial control and reporting functions. Mr. Frank began his career in audit and tax accounting at Arthur Andersen LLP before joining Morgan Stanley in 1985. He received an M.B.A. from the University of Michigan and a B.A. from Dartmouth College.
Independent Director, Lead Director (Class I) of AFC.
Harrison is an independent director of AFC, and the lead director. Mr. Harrison is currently a Senior Operating Partner at Merida Capital Partners, a private equity firm investing across the cannabis ecosystem. In addition, Mr. Harrison brings 30 years of experience in marketing, communications and brand positioning. He formerly founded Harrison & Star, a healthcare marketing agency that was sold to Omnicom. He is Chairman Emeritus of Diversified Agency Services (DAS), a division of Omnicom and the world’s largest group of marketing services companies. He is currently a board member for MainStem, the leading purchasing platform in the state-regulated cannabis industry. Mr. Harrison is on the Board and acts as lead director for Fifth Street Street Asset Management. In addition, he was previously the Chairman of the Corporate Governance and Nominating Committee for Zynerba Pharma, a leader in pharmaceutically-produced cannabinoid therapies.
Independent Director of AFC (Class III).
Mr. Tzur is an independent director of AFC. Mr. Tzur has had over 15 years’ experience as a consultant in consumer, sales and pricing, operating and strategy practices. Currently, Mr. Tzur works as a Senior Partner and Managing Director at Boston Consulting Group, where he was driven global growth strategy and mergers and acquisitions work across various consumer categories, including supporting a major food and beverage player’s entrance into the cannabis space. He joined BCG in September 2001 in New York, and spent 2003-04 in BCG’s Mumbai office, before returning to New York. He relocated to Israel to start and lead BCG’s Tel Aviv office in 2011 and now leads BCG’s Miami office. Prior to BCG, Mr. Tzur built a business in the restaurant industry and served for three years in the Israel Defense Forces 8200 Intelligence Unit. Mr. Tzur received his MBA from the Wharton School at the University of Pennsylvania and his Bachelors in International Relations from the Hebrew University, Jerusalem.
Independent Director (Class II)
Mr. Levy has served as our independent director since December 2020. Currently, Mr. Levy works as a Managing Member at LBX Acquisitions, a position he has held since January 2018. Prior to launching LBX Investments, Mr. Levy co-founded Big V Capital (“BVC”) in March of 2016, where he oversaw and underwrote the partnership’s 11 Southeastern U.S. shopping center acquisitions and managed all capital raising (both debt and equity) and asset management efforts. Prior to BVC, Mr. Levy was the Chief Operating Officer of the Real Estate Group at Benefit Street Partners, a multi-strategy credit manager with over $11.0 billion in assets under management from May 2015 to June 2016. Prior to Benefit Street, Mr. Levy held various leadership positions at Centerline Capital Group, including Chief Executive Officer, Chief Operating Office, Chief Financial Officer, and Member of the Board of Trustees. Centerline was a multifamily finance and investment management company with over $13 billion in debt and equity under management. Mr. Levy received his M.B.A. from the Leonard M. Stern School of Business at New York University and his B.A. in Economics from Northwestern University. Mr. Levy brings to our Board a critical management experience in capital raising within the finance industry.
Independent Director (Class II)
Ms. Bond has served as our independent director since December 2020. Currently, Ms. Bond serves as the Chief Executive Officer of Quantum Wave Strategies, LLC, a position she has held since March 2020, and as the President of DevryBV Sustainable Strategies, a position she has held since August 2020. Additionally, Ms. Bond has been serving as a Corporate Director at Fifth Street since March 2017. Prior to those experiences, she was the Executive Vice President and Head of Government and Industry Relations at Chubb Limited from October 2017 until September 2019. From October 2011 to October 2017, Ms. Bond held the position of Senior Vice President International at the U.S. Chamber of Commerce and as the President and a Board of Director for the following U.S. Chamber of Commerce subsidiaries: U.S.-Colombia Business Council, Association of American Chambers of Commerce of Latin America and the Caribbean, Brazil-U.S. Business Council, U.S.-Argentina Business Council, and U.S.-Cuba Business Council. Ms. Bond is also a member of the National Association of Corporate Directors and the Economic Club of Washington. Ms. Bond received her M.A. in Government from John Hopkins University and her B.A. in Politics from Whitman College. Ms. Bond’s experience as a global business practitioner and her executive leadership positioning for corporate advancement and business strategy development across various countries bring meaningful insight to our Board.
Principal of Manager, Head of Real Estate and Class II Director of AFC. Mr. Kalikow is AFC’s Head of Real Estate as well as a member of the AFC Board.
He is president and founder of Gamma Real Estate, a boutique commercial real estate firm based in New York City. The firm lends on real estate nationwide, owns a portfolio of approximately 5,000 apartments and several office properties in the Southeastern US, and developments real estate, including an 850 unit residential building on Sutton Place in Manhattan. Prior to co-founding Gamma Real Estate, Jonathan Kalikow spent 18 years on Wall Street investing across industries and asset classes as a proprietary trader at Morgan Stanley and then as a hedge fund trader and portfolio manager. Mr. Kalikow is a graduate of the Wharton School of Business with degrees in Real Estate and Finance. He also holds a JD from Fordham University School of Law and is a member of the New York State Bar Association.