NEW YORK, July 28, 2005 – EagleRock Capital Management, LLC (“EagleRock”), a multi-strategy, event-driven value investment firm, today announced that it has named Raj Lachman, CFA, as Chief Operatingand Chief Financial Officer.
Mr. Lachman, 39, will be responsible for financial reporting, operations and compliance. He will report to Nader Tavakoli, Founder and Chief Investment Officer.
“Raj brings substantial experience in operational and financial management of hedge funds and he will be a tremendous asset for us as we continue to grow,” said Mr. Tavakoli.
Mr. Lachman was COO and CFO at Kensico Capital Management Corp. in New York. Prior to Kensico Capital, he was a Director at Quellos Financial Advisors, a Seattle-based fund-of-hedge-funds. Mr. Lachman has eight years of experience in public accounting, working for PriceWaterhouse Coopers and Ernst & Young. Mr. Lachman received a Bachelor of Science in Accounting and Finance from the Stern School of Business, New York University. He is a member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of CPAs.
New York-based EagleRock Capital Management, LLC is a multi-strategy, event-driven manager that seeks to exploit value across the capital structure in a directional, hedged basis, across three core strategies: long/short credit, long/short special situations equities and capital structure arbitrage. The firm was founded by Nader Tavakoli in 2001, building on his 15-year track record that includes establishing distressed, special situations, high-yield and capital structure arbitrage desks at Odyssey Partners and Highbridge Capital. In recognition of its many achievements, EagleRock received the 2005 MARHedge Allenbridge Performance Award for best U.S. event investment manager.
For additional information please contact:
Shannon Perrin
Director of Business Development
EagleRock Capital Management, LLC
551 Fifth Avenue, 34th Floor
New York, NY 10176
Ph: 212.692.5409
Fx: 212.681.6096
sperrin@eaglerockcapital.com
