Henry Furlow Owsley III
Henry F. Owsley is an American investment banker and the chief executive officer and founder of Gordian Group LLC, an investment bank and financial advisory firm. He is also a managing partner of Bacchus Capital Management.
Henry Furlow Owsley III | |
---|---|
Nationality | American |
Alma mater | Metairie Park Country Day School Princeton University MIT Sloan School of Management |
Occupation | Investment banker; Investor Chief Executive Officer and founder at Gordian Group |
Spouse(s) | Alexa "Lexi" Van de Walle |
Children | Cordell D. Owsley and Camille C. Owsley |
Early life and education
Owsley graduated from Metairie Park Country Day School in Metairie, Louisiana, in 1973. He attended Princeton University in Princeton, New Jersey, where he graduated with a B.S.E. degree in civil engineering, summa cum laude, in 1977.[1] His additional academic honors included election to and membership in Phi Beta Kappa, Tau Beta Pi and Sigma Xi. He was also awarded the James Hayes-Edgar Palmer Prize in Engineering and Applied Science. His activities at Princeton included his service as chairman of photography at The Daily Princetonian. He is a member of Tiger Inn, the third-oldest eating club at Princeton University. He subsequently attended MIT Sloan School of Management and graduated with an S.M. degree in 1979.
Career
Owsley joined Goldman Sachs in 1979 and worked in the Corporate Finance and Mergers & Acquisitions departments. He founded Goldman Sachs' workout group and was co-founder of its technology group. After leaving Goldman Sachs, he founded Gordian Group, LLC in 1988, a boutique investment bank in New York specializing in solving complex problems in bankruptcy and restructuring. Owsley is the Chief Executive Officer of Gordian Group.
Henry Owsley and co-author and partner, Peter S. Kaufman recently published Distressed Investment Banking: To The Abyss and Back - Second Edition, Beard Books 2015. They also co-wrote Distressed Investment Banking: To The Abyss and Back,Beard Books, 2005.[2] According to Barry Ridings of Lazard, "Distressed Investment Banking is a book every distressed market professional will want in their bookcase." [3] In 2014, Owsley and Kaufman wrote Equity Holders Under Siege: Strategies and Tactics for Distressed Businesses, Beard Books LLC, 2014, targeting all boards of directors, management teams and shareholders and/or owners of financially stressed situations, as well as for buyers and professionals.
Owsley is consistently ranked in the top ten investment banker rankings, including number four ranking in The Deal Bankruptcy League Tables for 2012 [4] His firm, Gordian Group, has been honored with industry awards including being named one of the Outstanding Investment Banking Firms of 2014 by Turnarounds & Workouts.[5]
He is a frequent commentator in the media on distressed investment banking, conflicts of interest, and the economy. Owsley has been interviewed and quoted by general and business media outlets including ABC News,[6] Bloomberg Businessweek,[7] trade press Investment Dealers' Digest,[8] Fox Business,[9] The New York Times,[10][11] Reuters,[12] The Bankruptcy Strategist[13] and TheStreet.com.[14]
Assignments have included advising the Transport Workers Union of America in the American Airlines bankruptcy;[15] the Bakery, Confectionery, Tobacco Workers and Grain Millers' International Union in connection with the Hostess Brands bankruptcy;[16] Ben & Jerry's; a bank defendant in the Enron litigation; Smithfield Foods in connection with the purchase of assets from Farmland Industries; the Federal Communications Commission in connection with the bankruptcies of Pocket Communications and Next Wave; the litigation trust associated with the Heilig-Meyers bankruptcy; the debtor in Integrated Electrical Services; a major creditor in the LTV Steel bankruptcy; the trustee in the Bernard Madoff matter; the Office of Thrift Supervision with respect to the restructurings of Cal Fed and GLENFED; the debtor in Spansion; Tracor in connection with its bankruptcy and subsequent transactions; the Board of Directors in United Rentals; a special committee of the Board of Directors in WestPoint Home; a special committee of the Board of Directors in XO Communications; the State of Vermont in connection with the restructuring of its electric utility industry; and a creditor group in Zale.
In January 2014 the industry organization M&A Advisor announced that Owsley's firm Gordian Group LLC won the 2013 Boutique Investment Bank of the Year award for the third time. It also awarded Gordian on behalf of their restructurings of Jobson Medical Holdings (Professional Services category) and Elyria Foundry (Industrial, Manufacturing & Distribution category).[17][18]
In 2007, Henry Owsley, Peter S. Kaufman, and Sam Bronfman co-founded Bacchus Capital Management, a private equity fund that invests in wineries.
Publications
- Co-author, Equity Holders under Siege: Strategies and Tactics for Distressed Businesses.(Frederick, Md.: Beard Books LLC, 2014)
- Co-author, Distressed Investment Banking: To the Abyss and Back.(Frederick, Md.: Beard Books LLC, 2005)
- Co-author, "The Role of the Investment Banker," in Bankruptcy Business Acquisitions (New York: Lex Med Publishing, 1998)
- Co-author, "Trading in the Distressed Market," in Investing in Bankruptcies and Turnarounds (New York: HarperCollins Publishers, 1991)
References
- Princeton University, The Two Hundredth and Thirtieth Commencement, The Seventh of June, Nineteen Hundred and Seventy-Seven
- Co-author, Distressed Investment Banking: To the Abyss and Back, Beard Books LLC, 2005.
- Kaufman, Peter S. & Owsley, Henry F., Distressed Investment Banking: To the Abyss and Back, Washington, D.C., Beard Books, 2005.
- Bankruptcy League Tables - Top Investment Banks and Bankers, The Deal, August 30, 2012 Issue.
- Turnarounds & Workouts Special Report, Outstanding Investment Banks 2014, Beard Group, July/August 2014 Issue.
- "Federal Reserve Pumps $600 Billion Into Economy". ABC News. November 5, 2010. Retrieved January 19, 2018.
- "TARP: The Sequel. Bloomberg Business week. January 15, 2009". Businessweek.com. Retrieved January 19, 2018.
- 'Chapter 11 Specialists Turning the Page' Volume 76, Number 43, page 18. November 19, 2010. Print.
- "Stuyvesant Town auction may be a lonely event". FoxBusiness.com. September 30, 2010. Retrieved January 19, 2018.
- Nocera, Joe. "Talking Business - The First TARP Formula Had It Right - NYTimes.com". NYTimes.com. Retrieved January 19, 2018.
- Nocera, Joseph (September 24, 2005). "To Be Better, New Orleans, Think Smaller". Retrieved January 19, 2018 – via NYTimes.com.
- "RPT-UPDATE 4-Tishman, BlackRock quit huge NYC housing complex". January 25, 2010. Retrieved January 19, 2018 – via Reuters.
- 'Paradigm Shift : Observations on the Current Bankruptcy Cycle' Volume 27, Number 2. December 2009. Print.
- Pershing Loses Stuyvesant Town Appeal. September 28, 2010. www.thestreet.com
- Transport Workers Union Retains Gordian Group. www.TWU.org, January 19, 2012 http://www.twu.org/blog/blogarchive/tabid/330/vw/1/itemid/163/transport-workers-union-retains-gordian-group.aspx Archived January 1, 2013, at the Wayback Machine
- "Hostess Bakers Union Hires Investment Bank Gordian in Asset Sale". January 21, 2013. Retrieved January 19, 2018 – via www.Bloomberg.com.
- Winners Announced for the 8th Annual M&A Advisor Turnaround Awards. Retrieved 1-28-2014.
- The M&A Advisor: The 8th Annual M&A Advisor Turnaround Awards Winners. Retrieved 1-28-2014.