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Kenneth T. Latz

Senior Managing Director

New York

Kenneth Latz is a Senior Managing Director and leader of the Firm’s Private Fund Services practice area and also a key contact for the Retail, Consumer Products and Direct Marketing industry. Mr. Latz has nearly 20 years of experience in private equity, financial and operational restructuring, merger and acquisition advisory services and the management of performing and under-performing companies.

As leader of the Firm’s Private Fund Services practice, Mr. Latz oversees the deployment of the Firm’s strategy for the provision of portfolio management and other advisory services to private capital fund stakeholders to help maximize the value of investments during periods of fund-level transition, recapitalization, restructuring or distress. The group also pursues and manages direct secondary investments of equity and debt portfolios in partnership with select capital partners.

As a restructuring advisor, Mr. Latz has represented the interests of debtor and creditor constituencies in out-of-court restructurings and formal bankruptcy settings in a variety of industries, including automotive, manufacturing, retail, consumer products, healthcare, distribution, telecommunications and technology.

Mr. Latz has also served in various executive management roles for performing and under-performing companies including, Chief Executive Officer, Chief Financial Officer, Chief Restructuring Officer, Corporate Controller and Treasurer across a variety of industries and situations.

Recent Interim Executive Management Roles

The following represents a summary of recent interim executive management roles undertaken by Kenneth Latz:

  • Replacement general partner of a $125 million early stage private equity fund following a for-cause removal of the fund’s former general partner
  • Replacement general partner of a $125 million middle market buyout fund following a for-cause removal of the fund’s former general partner
  • Interim replacement general partner of a $120 million middle market buyout fund following a no-fault removal of the fund’s former general partner
  • Chief Financial Officer of a $110 million business services company providing outsourced fulfillment, construction maintenance and project-based wireless infrastructure services to large cable and telecommunications companies throughout the United States (awarded 2013 Transaction/Turnaround of the year by the Turnaround Management Association for role in company)
  • President, Chief Executive Officer and Chairman of a $70 million multi-national blender and co-packer of sugar-containing beverages and savory food products for customers in North America following a sale of the majority of the company’s assets to a strategic buyer
  • Chief Restructuring Officer of a $30 million manufacturer of highly-engineered, customized metal forming equipment and integrated manufacturing systems primarily for applications in the automotive, heating, ventilation and air conditioning and electric home appliance industries
  • Chief Financial Officer of a $200 million well-known multi-channel direct-to-consumer retailer of women’s apparel
  • Chief Financial Officer of a $150 million distributor of non-food general merchandise to travel centers throughout North America
  • Corporate Controller and Treasurer of a $600 million marketer and distributor of household products following an acquisition
  • Corporate Treasurer of a $200 million manufacturer of glue-applied and pressure-sensitive labels for the food and beverage and wine and spirits industries
Recent Board of Director Roles

The following represents a summary of recent board of director roles undertaken by Kenneth Latz:

  • Director of a growth stage, market leading provider of enterprise software and cloud-based applications to enable organizations to optimize internal governance, risk and compliance (GRC) programs
  • Director of a $60 million outsourced revenue cycle management and other business services to stand-alone and hospital-based physician groups in multiple markets across the United States
  • Director of a $20 million provider of outsourced rehabilitation and related healthcare management services, primarily to acute care hospitals and other medical facilities
  • Chairman of a $70 million multi-national blender and co-packer of sugar-containing beverages and savory food products for customers in North America
  • Chairman of a $50 million national provider of outsourced support services to the relocation, real estate and mortgage lending markets
  • Director of a $50 million independent sales organization (“ISO”) in the electronic payment processing industry
  • Director of a $100 million designer, developer and distributor of custom-branded and licensed fragrances, bath and body products and other personal care items
Previous Experience

Prior to rejoining Conway MacKenzie, Mr. Latz was Chief Financial Officer of Spiegel Brands, Inc. , a direct marketer of women’s apparel with two iconic brands, where he played a critical role in the execution of a comprehensive financial and operational restructuring of the business. Prior to this role, Mr. Latz was the Director of Underwriting at a privately held distressed principal investment firm. Previously, Mr. Latz was a Manager in the Transaction Services practice of PricewaterhouseCoopers, and he began his career in the audit practice of Deloitte & Touche.