|
 Cyrus Gardner, Principal and Chairman
Mr. Gardner has over twenty-five years of professional experience in investment banking, financial economics and private law practice in business and real property law. He is a principal and co-founder of Kormendi \ Gardner Partners (“KGP”) and is ultimately responsible for all of the firm's investment and advisory business. That business includes both innovative financial advisory services for governmental and private sector clients and investment acquisitions as a principal.
Mr. Gardner co-directed KGP's financial advisory assignment for the U.S. Department of Defense (DoD), Defense Reutilization and Marketing Service, for which KGP was responsible for all aspects of the sale strategy, asset stratification, due diligence, marketing, document preparation, data analysis, analytical services, preparation of bidder materials, bidder pre-qualification, asset valuation, bid design, market sensitivity analyses and post-sale analysis.
Mr. Gardner also co-directed the team of financial advisors to RTC/FDIC that designed the restructuring of two of the largest "FSLIC 1988 Deals" then governing over $25 billion of mortgage loan and real estate assets, the Bass Group's acquisition of American Savings Bank and the Ford/First Nationwide acquisition of Columbia Savings. That advisory team was responsible for all aspects of the due diligence, asset valuation, sale structuring and design, negotiation, document preparation, closing and post-closing analysis of restructuring the original financial assistance provisions into the FDIC's "AMDA Partnerships." The AMDA Partnerships involved over $5 billion in book value of assets, including performing and non-performing mortgage loans, mortgage-backed securities, multifamily, office, retail and single family real property, time-share units, unsecured loans, guarantees and other assets.
Mr. Gardner co-directed the team of financial advisors for the RTC-NP Series of joint venture transactions involving nearly $1 billion of RTC's least liquid assets, including mortgages, other secured and unsecured loans, multifamily and other REO, guarantees, judgments and other assets. In this assignment KGP designed and implemented the first "variable equity percentage" auction process, and supervised all asset stratification, sub-pooling, due diligence, marketing, document preparation, data analysis, analytical services, preparation of bidder materials, asset valuation, bid design, market sensitivity analyses and post-sale analysis.
Mr. Gardner has directed or co-directed additional KGP financial advisory projects for government agencies, including FDIC, RTC, the U. S. Air Force, The Corporation for National Service and OPM. He has also consulted with major private corporations, foundations and foreign governments on issues related to financial markets and asset sale transactions.
Mr. Gardner holds a J.D. from the University of Chicago Law School, an M.A. in Economics from UCLA where he was a Chancellor’s Intern Fellow, and an A.B. in Economics from California State University. He is a member of the Bars of California, Maryland and the District of Columbia.
|
