Kennedy Lewis Investment Management Hires Former CarVal President and CIO, John Brice

June 25, 2018 | News
June 25, 2018New York, NY – Kennedy Lewis Investment Management LLC (“KLIM”), a leading alternative asset management firm, announced today that John Brice has joined the firm as its Chairman and will be working on strategic initiatives with KLIM’s Executive Committee, including its Co-Founders David Chene and Darren Richman. Mr. Brice is a recognized leader in the industry having been the Co-Founder, President and Chief Investment Officer of CarVal Investors LLC (“CarVal”), a firm which he grew from a standing start to one of the leading asset management firms in the industry.
“As a newly launched firm we are delighted to have John join our expanding team, where we can benefit from his 30 years of experience investing across geographies, markets and sectors”, said David Chene. “John’s client-first philosophy and strong track record of success make him a valuable addition to the team as we continue to pursue new and innovative market opportunities across a broad range of sectors. I have worked closely with John in the past and we are fortunate to have him on board and welcome him to the firm.”
Mr. Brice, who oversaw all global investment activities while at CarVal, presided over its growth to more than $10 billion of assets under management and consistently delivered top quartile returns as the firm’s CIO. “I am very excited to join the burgeoning team at Kennedy Lewis. People are the key to success in this industry and while the firm is only recently launched, its principals have a history of success, integrity, and innovation” said Mr. Brice. “I look forward to working with both David and Darren to augment Kennedy Lewis’s sourcing capabilities, client engagement and growth as the credit markets evolve and unlock future investment opportunities. It is a pleasure to join a team of capable people, many of whom I have worked closely with in the past.” Several of KLIM’s senior executives collectively have over 14 years working directly with Mr. Brice during his tenure at CarVal.
Mr. Brice is British. He is a Chartered Accountant and holds a BSc in Economics from Cardiff University.
About KLIM
Kennedy Lewis was formed in 2017 by David Chene and Darren Richman to focus on middle market credit, ranging from distressed opportunities to growth capital investments. Mr. Chene was previously Head of US Corporate Securities at CarVal, while Mr. Richman was a Senior Managing Director, Global Head of Research and Investment Committee member at GSO Capital, the credit arm of the Blackstone Group. Mr. Chene and Mr. Richman had previously worked together prior to their roles at CarVal and GSO, respectively.


Related posts

TCW Enters CLO Equity Strategic Investment Agreement with Jefferies and Kennedy Lewis

November 9, 2020 – The TCW Group, a global asset management firm, today announced that it has entered into a strategic investment agreement with Jefferies and Kennedy Lewis Investment Management to support new issuance of collateralized loan obligations (CLOs) on the TCW platform. Under the strategic investment agreement, Jefferies and Kennedy Lewis will provide up to $160 million in equity to the TCW CLO platform. This agreement will provide equity for the issuance of multiple CLOs over approximately the next two years. Through this investment, Kennedy Lewis and Jefferies will gain access to and share in the growth of TCW’s loan…

Kennedy Lewis Provides $50 Million Secured Corporate Loan Facility to Tricolor Auto

September 30, 2020 – New York, NY – Kennedy Lewis Investment Management LLC (“Kennedy Lewis”), an opportunistic credit manager, has funded a $50 million committed secured corporate loan facility (the “Loan”) to Tricolor Auto (“Tricolor”), a Community Development Financial Institution (CDFI) and one of the nation’s largest used vehicle retailers focusing on the sale and financing of vehicles to underserved communities.  The Loan provides financing to Tricolor against its portfolio of auto receivables and highlights Kennedy Lewis’ expertise in structuring complex lending facilities to specialty finance companies. This infusion of funds will support Tricolor’s efforts to continue to scale its…

Azimut Alternative Capital Partners strikes its first deal in the US private markets by acquiring an equity interest in Kennedy Lewis

July 29, 2020 – Azimut Group (“Azimut” or the “Group”), one of Europe’s largest independent asset managers, via its US subsidiary Azimut Alternative Capital Partners, LLC (“AACP”), entered into agreements to acquire a non-controlling, minority equity interest in Kennedy Lewis Investment Management LLC and certain affiliated entities (“Kennedy Lewis”), a leading opportunistic private credit investment management firm headquartered in New York City. AACP is part of Azimut which was established in 1989, is headquartered in Milan, Italy and has in excess of $65bn in total AUM. The parent company, Azimut Holding, was listed on the Milan Stock Exchange in 2004…