MHR FUND MANAGEMENT LLC

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Adviser Profile

As of Date:

03/28/2024

Adviser Type:

- Large advisory firm

Number of Employees:

22 -4.35%

of those in investment advisory functions:

13 -7.14%

Registration:

SEC, Approved, 3/30/2012

AUM:

5,343,310,835 0.51%

of that, discretionary:

5,343,310,835 0.51%

GAV:

5,343,310,835 0.51%

Avg Account Size:

411,023,910 0.51%

SMA’s:

NO

Private Funds:

10 1

Contact Info

212 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
6B 5B 4B 3B 3B 2B 871M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Top 5 4th Quarter Trades of MHR FUND MANAGEMENT LLC
02/18/2023

Related Stocks: IOVA, LGF.A, MSGS, EQHA.U, BITE.U,

gurufocus.com

Hedge Fund Activity on TWNIU - HedgeFollow
12/17/2022

Hedge Funds with large stakes in TWNIU. < 25% 0% 13.83% Mhr Fund Management. drawing visualization. Top 20 Shareholders of TWNIU ...

hedgefollow.com

MHR FUND MANAGEMENT LLC Buys 3, Sells 2 in 3rd Quarter
11/15/2022

Related Stocks: STNG, MSGS, APO, PSAGU, SCHL,

gurufocus.com

Lions Gate Entertainment Corp. Cl A
03/31/2021

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...

Barrons

Lions Gate Entertainment Corp
03/31/2021

When autocomplete results are available use up and down arrows to review and enter to select. Touch device users, explore by touch or with swipe gestures.

Bloomberg

Could The Titan International, Inc. (NYSE:TWI) Ownership Structure Tell Us Something Useful?
03/08/2021

Many want to see value creation (and a higher share price) in the short term or medium term. MHR Fund Management LLC is currently the largest shareholder, with 13% of shares outstanding.

Yahoo Finance


Private Funds Structure

Fund Type Count GAV
Hedge Fund 2 $561,303,891
Private Equity Fund 8 $4,782,006,944

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Private Funds



Employees




Brochure Summary

Overview

A. MHR Fund Management LLC (also referred to as “we”, the “Firm” or “MHR”) is a leading New York-based private investment firm, founded in 1996 by Mark H. Rachesky, M.D., that focuses on investing in distressed or undervalued middle- market companies and assets for a variety of private fund clients. Mark H. Rachesky is the Firm’s Chief Investment Officer and indirect principal owner though MHR Holdings LLC. B. MHR specializes in offering investment management services to private investment funds. MHR invests in middle-market companies primarily through distressed debt and bespoke structured financings, and forms specialized platforms to capitalize on mispriced assets in niche industries. MHR’s value-oriented approach focuses on sourcing through our established industry relationships. MHR is a hands-on investor that seeks to leverage its control or significant influence to work collaboratively with its portfolio companies, which we believe is essential to preserving and creating value. MHR also forms partnerships for its funds with specialized management teams to exploit distressed or undervalued opportunities it identifies in certain industries. We employ a rigorous, due diligence-focused investment process with a strong emphasis on downside protection that capitalizes on our deep industry
knowledge and analytical capabilities. MHR may utilize the bankruptcy or restructuring process to improve both the capital structure and the cost structure of portfolio companies. In addition, the Firm may seek to create long- term value beyond the turnaround process by continuing to improve operations, growing companies and effectuating successful exits. MHR believes that its focus on both restructuring and growing companies is differentiated and serves to generate attractive returns for its investors across various investing environments. C. The Firm tailors its advisory services to the individual needs and specified investment mandates of its client funds. We adhere to the investment strategy set forth in our client funds’ private placement memoranda and operating agreements, including concentration limits and other applicable guidelines. These types of terms are all arranged on a case-by-case basis. D. MHR does not participate in wrap fee programs. E. As of December 31, 2022, MHR managed $5,316,263,000, which includes each fund’s gross asset value (including, with respect to the private equity funds, the unfunded capital commitments). As of December 31, 2022, MHR’s private equity funds represent approximately 90.99% of the total assets managed by the Firm. We manage clients’ assets only on a discretionary basis.