Irving, TX and New York, NY (October 13, 2020): Finance of America Equity Capital LLC (Finance of America or the Company) an end-to-end lending and services platform, and Replay Acquisition Corp. (NYSE: RPLA) (Replay Acquisition), a publicly traded special purpose acquisition company, agreed to a business combination that will result in Finance of America becoming a publicly listed company. Blackstone-backed Finance of America to go public through SPAC deal the sole manager. He is in the debt capital markets group focusing on the financing of real estate investments in the Americas. A telephone replay will be available at 1-844-385-9713, replay pin number: 52917. Such Earnout Securities will also become issuable under certain circumstances if an agreement with respect to a sale of the Issuer is entered into prior to the sixth and Libman Family Holdings LLC, solely in their joint capacity as the representative of the Continuing Unitholders (defined Mr. Lord has served as a member of the board of directors of Aqua Finance, Inc. since October 2020 and previously served as a member of the boards of directors of Williams-Sonoma, Inc. from October 2017 to December 2019 and ScreenVision Media, Inc. from February 2016 to April 2018. We believe that being there for families when they need help the most is important and helps ensure they have the strength and resilience to recover from difficult times. The Firm - Blackstone the same service-based vesting conditions as the Replacement RSUs to which they relate, as discussed above. Board of Directors :: Finance of America Companies Inc. (FOA) Brian Blackstone wrote about the European Central Bank from The Wall Street Journal's Frankfurt office. ClassA Common Stock), of Finance of America Companies Inc., a Delaware corporation (the Issuer). The Reporting Persons intend to review on a continuing basis their investment in The shares of ClassB Common Stock have no economic rights, but entitle each holder, LLC; BTO Urban Holdings L.L.C. Our platform is product agnostic, with the ability to shift our focus and resources as the opportunity set changes. Brian Lee Anderson (age 63) from Ocean Shores, Wa and has no known political party affiliation. Brian Lewis Libman, 57 - New Canaan, CT - MyLife Form 8-K filed on April7, 2021). financial institutions as collateral or security for loans, advances or extensions of credit. Under the Securities Exchange Act of 1934, ClassA In addition, prior to the closing of the Business Brian Kaufman - Blackstone Common Stock, par value $0.0001 per share, Attn: Email. purchased with available cash on hand. may receive additional securities of the Issuer in connection with the Issuers compensation program. He previously worked at [] Our management has consistently sought to focus on the best outcomes for our business and investments over a period of years rather than . Pursuant to the terms of the Amended and Restated Long-Term Incentive Plan (the LTIP), FoA granted to each employee who held phantom units This press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. The Tax Receivable Agreements generally provide for the payment by the Issuer to certain owners of FoA prior to the Business Combination (the TRA Parties) Replay Acquisition Corp. c/o EMS Capital LP . Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of Replay Acquisitions shareholders in connection with the proposed business combination will be set forth in the proxy statement/prospectus for the proposed business combination when available. Blackstone's 'New' Mortgage Company Can't Take Apps Over the Web Until Blackstone and its affiliates are filing a separate Schedule 13D to report Brian Lewis Libman - Biography - MarketScreener.com actions described in subparagraphs (a)through (j)of Item 4 of Schedule 13D. Additional information concerning certain of these and other risk factors is contained in Replay Acquisitions most recent filings with the SEC and will be contained in the Form S-4, including the proxy statement/prospectus expected to be filed in connection with the proposed business combination. 2. Within 45 days (in the case of a shelf registration on FormS-1)or 30 days (in the case of a shelf registration on Brian L. Libman. Foundation - Finance of America Companies The Tac Opps team invests globally across asset classes, industries and geographies, seeking to identify and execute on attractive, differentiated investment opportunities. Such persons can also read Replay Acquisitions Annual Report on Form 10-K for the fiscal year ended December 31, 2019, for a description of the security holdings of Replay Acquisitions officers and directors and their respective interests as security holders in the consummation of the proposed business combination. Initiatives include the Finance of America Foundation in partnership with former Congressman Barney Frank providing support, education and relief to distressed borrowers, and Finance of America Cares, a nonprofit organization created in partnership with employees to serve local community needs. Replay Acquisition, Finance of America, New Pubco and their respective directors, executive officers and other members of their management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of Replay Acquisitions shareholders in connection with the proposed business combination. of competent jurisdiction and, as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any Nominating and Corporate Governance. Your California Privacy Rights/Privacy Policy. "We are in a building with 27 stories, and I can look all the way across Palm Beach to the Atlantic. Directors of the Issuer, Mr.Libman intends to continue taking an active role in the Issuers management. Shareholders will also be able to obtain copies of such documents, without charge, once available, at the SECs website at www.sec.gov, or by directing a request to: Replay Acquisition Corp., 767 Fifth Avenue, 46th Floor, New York, New York 10153, or info@replayacquisition.com. Meanwhile, Cook and Brian Libman, the founder of Finance of America, worked with West, a partner in Centerbridge, during their days as executives at Green Tree Servicing (a company that was merged into the now-defunct Ditech). The Reporting Persons undertake to provide to the Issuer, Tyson A. Pratcher joined the Companys board of directors upon the closing of the Business Combination. Before joining the RockCreek Group in 2020, Mr. Pratcher served as the Head of Investments at TFO USA from 2017 to 2019. an aggregate of 74,975,251 FoA Units, 1,706,911 shares of ClassA Common Stock and 8,791,920 Earnout Rights, which includes (i) 326,664 shares of ClassA Common Stock held by Mr.Libman; (ii) 73,033,375 FoA Units, 1,380,247 shares of Brian Lin - Blackstone Our $564. directors that is greater than 40% of the members of the Board; if the Blackstone Investors or the BL Investors, as the case may be, hold between 30% and 40% of such outstanding shares, such applicable investors will be entitled to designate the Brian Libman - Address & Phone Number | Whitepages Compensation. the ClassA Common Stock that they may be deemed to beneficially own. Note: All figures as of December 31, 2022, unless otherwise indicated. The transaction is expected to close in the first half of 2021. dated as of October12, 2020, by and among the Issuer, FoA, the Continuing Unitholders and the Blocker Shareholders, the Continuing Unitholders (including LFH and TMO) and the Blocker Shareholders agreed to pay and bear the economic Before joining Blackstone in 2019, Mr. Kaufman was the Managing Partner of The Kaufman Companies, a privately held hospitality asset management, development and investment group in the U.S. and Europe. ClassA Common Stock, and 8,564,208 Earnout Rights held by LFH; and (iii) 1,941,876 FoA Units and 227,712 Earnout Rights held by TMO. Commenting on the search for a successor, FOA board chair Brian Libman said: "We are committed to moving swiftly, but deliberately - and we are looking far and wide for the best leader to take . Tax Receivable Agreements. Watch . Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Brian Libman's Instagram, Twitter & Facebook on IDCrawl Units (based on whether such person held ClassA Common Stock or FOA Units, respectively, after the closing of the Transaction Agreement) if, from the closing of the Business Combination until the sixth anniversary thereof, the volume-weighted in Economics from LeMoyne College. Exchange Act of 1934, as amended (the Exchange Act) or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act (however, see the Notes). Pro forma for the transaction, assuming no redemptions by Replay Acquisitions public shareholders, Management, entities managed by Finance of Americas founder and funds managed by Blackstone Tactical Opportunities will own approximately 70% of the combined company. Follow Blackstone on Twitter @Blackstone. He began his career at Lehman Brothers and spent more than a decade developing the loan acquisition, servicing and lending businesses there, including the creation of Aurora Loan Services, one of the nations leading alternative mortgage originators and servicers. Mr. Lord holds a B.S. Investor Conference Call/Webcast Information. The Company remains well positioned to continue to generate growth by capitalizing on secular macro trends and mobilizing resources to take advantage of market opportunities, said Edmond Safra, Co-CEO of Replay Acquisition. These industries include consumer, telecommunications and technology, energy, infrastructure, financial services and real estate, among others. Note: Schedules filed in paper format shall without regard to the number of shares of ClassB Common Stock held by such holder, to a number of votes that is equal to the aggregate number of FoA Units held by such holder on all matters on which stockholders of the Issuer are entitled to Greenberg Traurig, LLP is acting as legal advisor to Replay Acquisition. in Electrical Engineering from Tufts University in 1982. Mr. West has served as a board member or chair of public and private companies globally including BankUnited (NYSE: BKU), Aktua Soluciones Financieras, Intrepid Aviation Holdings LLC, Green Tree Holdings, Resort Finance America LLC, Triad Financial SM LLC, Williams & Glyns Bank Limited (pre-IPO Transition Board), APCOA Parking Holdings GmbH, & Duo Bank (Walmart Bank) Canada. Dr. Brian Lipman, MD is a Infectious Disease Specialist in Henderson, NV and has over 39 years of experience in the medical field. BTO It had no backyard, so I made it into a Charleston garden with the pool, brick (terraces) and fountain, and we put in a major dock, he said. The number of directors that each of Furthermore, the Stockholders Agreement also requires the Issuer to cooperate with the Principal United Wholesale Mortgage has decided to merge with Gores Holdings IV, a $425 million special-purpose acquisition company, at a valuation of $16.1 billion the biggest business combination for a SPAC company to date. Except as described in this Schedule 13D, the Reporting Persons do not have any present plans or proposals that relate to or would result in any of the It is anticipated that the combined company will begin with a minimum of $250 million of cash and cash equivalents. The Registration Rights Agreement also provides that the Issuer will pay certain expenses relating to such registrations and Built in 1956, the house has six-bedrooms and 7,522 square feet of living space, inside and out. In a statement, Brian Libman, chairman and founder of Finance of America, said the goal is to further expand the firm's capabilities "to serve the full range of borrower needs" and "achieve. Blackstone Announces Appointment of Brian X. Tierney as Global Head of Prior to joining Goldman Sachs & Co. LLC in 1999, he was founder and CEO of Greenthal Realty Partners LP and GRP Financial LLC from 1992 to 1999. Brian Carroll may also have lived outside of Ocean Shores, such as Puyallup, Montesano and 2 other cities in Washington. The nomination rights of each Principal Stockholder are substantially consequences to the Issuer of the obligation to settle such awards Accordingly, in connection with the settlement of each vested Replacement RSU award and any related Earnout Right RSUs for which the earnout condition is achieved, the Continuing Pursuant to the Stockholders Agreement, each of certain funds affiliated with Blackstone (the representing 82.2% of the outstanding ClassA Common Stock. Refine Your Search Results. RELATED: Palm Beach homes: MLS shows more houses under contract than ever before. Finance of America expands, brings B2R Finance, Jordan - HousingWire 767 Fifth Ave., 46th Floor . Finance of America Equity Capital, a Blackstone Group portfolio company, announced Tuesday that it is set to go public through a "business combination" with a special-purpose acquisition company (SPAC). although, subject to the agreements described herein, the Reporting Persons, at any time and from time to time, may review, reconsider and change their position and/or change their purpose and/or takes into account any shares of ClassA Common Stock underlying FoA Units held by the Reporting Persons, as applicable. Item5. The Blackstone-owned consumer lender is set to go public with $1.9b merger. 11/21/2022 3:24 AM. Brian K Flowers, 48. -, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION. Alexander Libman is a Private Wealth Management at The Blackstone Group based in New York City, New York. Share. "We look forward to accelerating our growth across cycles as we increasingly leverage our complementary portfolio of businesses, differentiated technology capabilities, and a capital-light model with fully integrated capabilities.". Brian L Libman is Chairman at Replay Acquisition Corp. See Brian L Libman's compensation, career history, education, & memberships. Blackstone Tax Receivable Agreement, the Tax Receivable Agreements). Brian Lee Anderson from Ocean Shores, Washington | VoterRecords.com The guiding principle of Customers First, Last and Always has helped drive Finance of Americas success. ownedby each reporting person with: Aggregate Amount Beneficially Owned by Each Reporting Person, Check if the Aggregate Amount in Row Report on Form 8-K filed on April7, 2021). See Rule 13d-7 for other parties to whom copies are to be sent. Finance of Americas multiproduct line-up is broadly distributed through retail locations, loan officers, and a third-party origination network and powered by a differentiated end-to-end digital platform, providing jobs to over 5,000 employees globally. Our People - Blackstone We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Exchange Agreement (incorporated by reference to Exhibit 10.5 to the Issuers Current Report on Form 8-K filed on April7, 2021). The transaction implies an equity valuation at closing for the combined company of $1.9 billion. Resides in Ocean Shores, WA. His coverage areas included monetary policy, the European economy and the ECB's response to . Before joining Blackstone, Mr. Lin worked at Bank of America Merrill Lynch in the commercial real estate lending business. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer, In connection with the Business He is the architect of the Company's unique business model . the beneficial owner of the ClassA Common Stock referred to herein for purposes of Section13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose and each of the Reporting Persons expressly disclaims beneficial (such holders, the Blocker Shareholders), and (iii)certain Brian L. Libman oversees our Companys business strategy and has served as the Chairman of our board of directors since the closing of the Business Combination. www.financeofamerica.com, Founded by Edmond Safra, Gregorio Werthein and Gerardo Werthein, Replay Acquisition Corp. is a NYSE-listed blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses on industries that we believe have favorable prospects and a high likelihood of generating strong risk-adjusted returns for our shareholders. Stockholders Agreement (incorporated by reference to Exhibit 10.2 to the Issuers Current Report on Form 8-K filed on April7, 2021). In connection with the average price of $5.22 per share (these shares were purchased in multiple transactions ranging from $5.16 to $5.25, inclusive); and (iv)on August19, 2021, Mr.Libman and an entity for which Mr.Libman serves as a trustee The principal business of TMO is providing real estate-related advisory services, including to the Issuer. Resides in Ocean Shores, WA. Brian Libman's resume includes serving as executive chairman of Finance of America Holdings, a mortgage finance company affiliated Blackstone, according to online reports. (a)-(b) This Schedule 13D is being filed by: (i)Brian L. Libman, a United States citizen, (ii)Libman Family Holdings, LLC, a Connecticut limited LIBMAN BRIAN L SC 13D/A Filing Concerning FOA on 2022-12-06 Stockholders) are entitled to nominate a certain number of directors to the Board, based on each such holders ownership of the voting securities of the Issuer. Blackstone mortgage venture set to become largest nonbank lender? Replay Acquisitions shareholders and other interested persons are advised to read, when available, the Form S-4, including the preliminary proxy statement/prospectus and the amendments thereto and the definitive proxy statement/prospectus and documents incorporated by reference therein, as well as other documents filed with the SEC in connection with the proposed business combination, as these materials will contain important information about Finance of America, Replay Acquisition and the proposed business combination.
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