Lynn Tilton | |
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Lynn Tilton, CEO of Patriarch Partners
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Born |
Lynn Garfinkle April 22, 1959 The Bronx, New York |
Residence | Rumson, New Jersey and Highland Beach, Florida |
Nationality | American |
Education | Teaneck High School |
Alma mater |
Yale University (B.A., American Studies, 1981) Columbia Business School |
Occupation | Collateralized loan obligation manager, business owner |
Known for | CEO of Patriarch Partners |
Home town | Teaneck, New Jersey |
Spouse(s) | Kevin Wayne Tilton (divorced in 1995 in Florida) |
Lynn G. Tilton (born April 22, 1959) is an American businesswoman and collateralized loan obligation (CLO) creator, owner and manager. She is the chief executive officer and sole principal of Patriarch Partners, LLC and its affiliated entities, a holding company managing 75 companies. She worked for Goldman, Sachs and Merrill Lynch as an investment banker.
Tilton was born in The Bronx, raised in Teaneck, New Jersey and attended Teaneck High School, where she played on the tennis team. Her father, Jerry Garfinkle, was a New York City schoolteacher and a strong influence on her. He died of a brain tumor during her junior year in college. She obtained a BA degree in American Studies from Yale University in 1981 and an MBA degree in Finance from Columbia University.
Tilton began her career at Morgan Stanley in 1981. She also worked for Goldman, Sachs & Co. and Merrill Lynch as an investment banker until 1989. Prior to founding Patriarch Partners, Tilton was an executive at Long Drive Management Trust, a special situations investment fund, and Executive Managing Director of Papillon Partners, Inc., a firm which she founded to offer customized research, valuation and execution services to sellers of bank loans and high yield bonds.
Since 2000, through Patriarch Partners' affiliated funds, Tilton has had ownership in and restructured more than 240 companies with combined revenues of $100 billion. She is also Chairman and CEO of MD Helicopters, Inc., a manufacturer of commercial and military helicopters, the acting CEO of Dura Automotive Systems, a Tier 1 supplier to automotive and transportation industry OEMs, and CEO of Stila, a cosmetics company.