FormS-3)after receipt of a demand for such registration, the Issuer will be required to use its reasonable best efforts to file a registration statement relating to such demand. Resides in Ocean Shores, WA. Lived In Aberdeen WA, Lacey WA, Seattle WA, Huntsville AL . Important Information About the Proposed Business Combination and Where to Find It. RELATED: Palm Beach homes: MLS shows more houses under contract than ever before. The shares of ClassB Common Stock have no economic rights, but entitle each holder, trading day period. Blackstone and its affiliates are filing a separate Schedule 13D to report Before joining Blackstone, Mr. Lin worked at Bank of America Merrill Lynch in the commercial real estate lending business. 57 %. Brian Libman We found 19 records for Brian Libman in FL, CT and 7 other states. Combination, the Blackstone Investors and the BL Investors entered into a letter agreement pursuant to which the Blackstone Investors and the BL Investors agreed, among other things, to permit the Blackstone Investors to have priority over the BL (a)-(b) This Schedule 13D is being filed by: (i)Brian L. Libman, a United States citizen, (ii)Libman Family Holdings, LLC, a Connecticut limited . Agent Elizabeth DeWoody of Compass Florida handled the buyers end of the sale. Foundation - Finance of America Companies He is the architect of the company's unique business model, and Brian L Libman, Replay Acquisition Corp: Profile and . Joint Filing Agreement, dated as of August26, 2021, by and among the Reporting Persons (filed herewith). Brad Finkelstein Originations Editor, National Mortgage News Reprint complete and correct. (e) During the last five years, none of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body A longtime Palm Beach couple has sold their Everglades Island house at 568 Island Drive to a limited liability company affiliated with Martin Brand, according to the deed recorded Friday at $10 million. Stockholders and the Board, the Stockholders Agreement will terminate as to each Principal Stockholder at such time as such Principal Stockholder and its affiliates collectively hold less than 5% of the outstanding shares of ClassA Common Ex-2.2 - Sec the beneficial owner of the ClassA Common Stock referred to herein for purposes of Section13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose and each of the Reporting Persons expressly disclaims beneficial Earnout Securities that would be issuable to certain Continuing Unitholders and Blocker GP (but not the aggregate amount of Earnout Securities issuable to all Continuing Unitholders and Blocker GP). Brian Lewis Libman, 57 - New Canaan, CT - MyLife He is the architect of the Companys unique business model, and it is his vision that guides the Company. Tax Receivable Agreements. Note: Schedules filed in paper format shall Further information is available at www.blackstone.com. Form 8-K filed on April7, 2021). in Economics from LeMoyne College. actions described in subparagraphs (a)through (j)of Item 4 of Schedule 13D. 11:26 am. Blackstone Tax Receivable Agreement, the Tax Receivable Agreements). and Libman Family Holdings LLC, solely in their joint capacity as the representative of the Continuing Unitholders (defined In connection with the proposed business combination, a registration statement on Form S-4 (the Form S-4) is expected to be filed by a newly-formed holding company (New Pubco) with the SEC that will include a proxy statement of Replay Acquisition that will also constitute a prospectus of New Pubco. In addition, subject to certain requirements, the Blackstone Investors and the BL Investors are generally permitted to exchange FoA Units Last month, another mortgage lender announced plans to go public. Ocean Shores, Washington. Agreement, the Issuer and FoA issued an aggregate of 18,000,000 Earnout Securities to the Blocker Shareholders (defined below) (in the case of issuances by the Issuer) and to Blocker GP and the Continuing Unitholders (in the case of issuances by interests in partnership capital or profits. takes into account any shares of ClassA Common Stock underlying FoA Units held by the Reporting Persons, as applicable. billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. After reasonable inquiry and to the best of its knowledge and belief, the undersigned certify that the information set forth in this statement is true, Flagship hedge-fund operation could be worth up to $7 billion. All rights reserved. Furthermore, the Companys capital markets and portfolio management capabilities inform product innovation, optimize execution, and allow for selective retention of assets while delivering superior risk-adjusted returns to investors. Founder of Finance of America Cos., Inc. and Finance of America Equity Capital LLC, Brian Lewis Libman is a businessperson who has been the head of 5 different companies and presently holds the position of Chairman for Finance of America Cos., Inc. and Chairman for Finance of America Holdings LLC and Chairman for Finance of America Equity Capital Pursuant to the Registration Rights Agreement, upon Updated Oct. 13, 2020 8:07 am ET Consumer-lending platform and Blackstone Group portfolio company Finance of America Equity Capital LLC is set to go public with a valuation of $1.9 billion through a blank-check merger, this year's hottest way to list shares. Palm Beach homes: Everglades Island house near golf course fetches $10M Press Room - Finance of America Companies Such persons can also read Replay Acquisitions Annual Report on Form 10-K for the fiscal year ended December 31, 2019, for a description of the security holdings of Replay Acquisitions officers and directors and their respective interests as security holders in the consummation of the proposed business combination. the sixth anniversary of the Closing Date; and (ii) 9,000,000 Earnout Securities, in the aggregate, in the event that the average trading price of the ClassA Common Stock is $15.00 or greater for any 20 trading days within a period of 30 Check the Appropriate Box if a Member average price of the ClassA Common Stock exceeds certain thresholds. Contact. The aggregate Initiatives include the Finance of America Foundation in partnership with former Congressman Barney Frank providing support, education and relief to distressed borrowers, and Finance of America Cares, a nonprofit organization created in partnership with employees to serve local community needs. Becoming a public company is an important milestone for Finance of America and provides further access to capital via the public markets over time, added Patricia Cook, Chief Executive Officer of Finance of America. Item 6 of the Schedule 13D is hereby amended and supplemented as follows: Stock Purchase Agreement. Greenberg Traurig, LLP is acting as legal advisor to Replay Acquisition. Mr. West earned his M.S. Latest Imf News. The Tax Receivable Agreements generally provide for the payment by the Issuer to certain owners of FoA prior to the Business Combination (the TRA Parties) a***@blackstone.com. thelock-upagreements entered into in connection with the Business Combination. In the deal on. In addition, the Registration Rights Agreement entitles the Principal Estimated cash proceeds will consist of the PIPE in addition to Replay Acquisitions $288 million of cash in trust, subject to redemptions. Before joining Blackstone in 2019, Mr. Kaufman was the Managing Partner of The Kaufman Companies, a privately held hospitality asset management, development and investment group in the U.S. and Europe. (incorporated by reference to Exhibit 2.3 filed with the Registrants Current Report on Form 8-K filed on April7, 2021). Copyright 1996-2023 KM Business Information US, Inc, Unlocking branding opportunities for brokers, Controversial Prop. Brown Harris Stevens was on the sellers side. He is the architect of the Company's unique business model . Mr.Libman intends to be involved in approvals or recommendations with respect to the issuance of additional securities of the Issuer to other employees of the Issuer or its subsidiaries. Combination) that resulted in the Issuer becoming a publicly-traded company on the New York Stock Exchange (the NYSE) and controlling FoA in an UP-C structure. Finance of America is set to merge with the special-purpose acquisition company, or [] Ms. Corio currently serves as a Senior Managing Director at OEP. Ex-2.4 Jan 02, 2022. Blackstone Talked With Ken Griffin's Citadel About Buying Stake He leads investments in technology, media, telecommunications and financial institutions, while also serving on the investment committee of the companys Tactical Opportunities funds. Numberof shares beneficially The deal is expected to close in the first half of 2021. Prior to joining Goldman Sachs & Co. LLC in 1999, he was founder and CEO of Greenthal Realty Partners LP and GRP Financial LLC from 1992 to 1999. certainpre-Closingequityholders of. Our $564. Replay Acquisition Corp. c/o EMS Capital LP . lowest whole number of directors that is greater than 30% of the members of the Board; if the Blackstone Investors or the BL Investors, as the case may be, hold between 20% and 30% of such outstanding shares, such applicable investors will be www.replayacquisition.com, Blackstone is one of the worlds leading investment firms. FoA) as follows: (i) 9,000,000 Earnout Securities, in the aggregate, in the event that the average trading price of the ClassA Common Stock is $12.50 or greater for any 20 trading days within a period of 30 consecutive trading days prior to has effected any transaction in ClassA Common Stock in the past 60 days. Brian Lipman's Instagram, Twitter & Facebook on IDCrawl Issuers obligations under either the Blackstone Tax Receivable Agreement or the FoA Tax Receivable Agreement, all obligations under the Tax Receivable Agreements will be accelerated and the Issuer will be required to make a payment to the TRA Blackstone is a full-service, private-equity funded investment bank based out of New York. ; BTO Urban Holdings II L.P.; and Blackstone Family Tactical Opportunities Investment Partnership NQ ESC L.P. (incorporated by reference to Exhibit 2.4 filed with the Registrants Current Report on Blackstone Investors) and an entity controlled by Brian L. Libman (Brian L. Libman and certain entities controlled by him, the BL Investors and, together with the Blackstone Investors, the Principal Chairman Emeritus & Former Chief Executive Officer, Ogilvy & Mather Worldwide The Right Honourable Brian Mulroney Partner at Norton Rose Fulbright and Former Prime Minister of Canada William G. Parrett Retired CEO and Senior Partner, Deloitte (Deloitte Touche Tohmatsu) Ruth Porat Chief Financial Officer of Alphabet Inc. and Google Inc Directory In connection with the Business Combination, concurrently with the Closing, the Issuer entered into a Tax Receivable Agreement with certain ClassA Common Stock), of Finance of America Companies Inc., a Delaware corporation (the Issuer). Note: All figures as of December 31, 2022, unless otherwise indicated. The Company operates in four large and growing markets including Mortgage, Reverse Mortgage, Commercial Real Estate, and Fixed Income Investing, with each supported by powerful structural tailwinds such as low interest rates, underserved markets, fragmented competition, constructive demographic trends, and favorable supply and demand imbalances, which lower volatility and create stable, growing earnings. Units (based on whether such person held ClassA Common Stock or FOA Units, respectively, after the closing of the Transaction Agreement) if, from the closing of the Business Combination until the sixth anniversary thereof, the volume-weighted He is the architect of the Company's unique business model, and it is his vision that guides the Company. and the Continuing Unitholders, FoA Units. below) pursuant to Section12.18 of the Transaction Agreement (the Continuing Unitholder Representative), Replay agreed to combine with FoA in a series of transactions (collectively, the Business (a) and (b)Calculations of the percentage of the shares of ClassA Common Stock beneficially owned assumes that there were 59,881,714 shares of Watch . from Columbia Law School and a B.S. Brian Kaufman - Blackstone We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Persons. "We are in a building with 27 stories, and I can look all the way across Palm Beach to the Atlantic. Registration Rights Agreement (as defined below). We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. Each holder of FoA Units (other than the Issuer and its subsidiaries), Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission that any Reporting Person is in light of the Issuers business, financial condition and operating results, general market and industry conditions or other factors. Interest in Securities of the Issuer. $5.20, inclusive); (ii) on August17, 2021, Mr.Libman and an entity for which Mr.Libman serves as a trustee purchased 15,896 and 45,241 shares, respectively, at a weighted average price of $5.24 per share (these shares were Our platform is product agnostic, with the ability to shift our focus and resources as the opportunity set changes. LIBMAN BRIAN L SC 13D Filing Concerning FOA on 2021-08-16 - WhaleWisdom.com average price of $5.22 per share (these shares were purchased in multiple transactions ranging from $5.16 to $5.25, inclusive); and (iv)on August19, 2021, Mr.Libman and an entity for which Mr.Libman serves as a trustee The principal business of TMO is providing real estate-related advisory services, including to the Issuer. Directors of the Issuer, Mr.Libman intends to continue taking an active role in the Issuers management. BL Investors Tax Receivable Agreement (incorporated by reference to Exhibit 10.7 to the Issuers Current We provide the first and only end-to-end vertically integrated platform in the lending business. in such offering. Cash proceeds for the new company will include the PIPE capital and $288 million of cash in trust from Replay Acquisition. include a signed original and five copies of the schedule, including all exhibits. Pro forma for the transaction, assuming no redemptions by Replay Acquisitions public shareholders, Management, entities managed by Finance of Americas founder and funds managed by Blackstone Tactical Opportunities will own approximately 70% of the combined company. Any demandednon-shelfregistered offering may, at the Issuers option, include Issuer shares to be sold by the Issuer for its own account and will also include registrable The Firm - Blackstone This Schedule 13D (this Schedule 13D) relates to the ClassA common stock, par value $0.0001 per share (the Commenting on the search for a successor, FOA board chair Brian Libman said: "We are committed to moving swiftly, but deliberately - and we are looking far and wide for the best leader to take . United Wholesale Mortgage has decided to merge with Gores Holdings IV, a $425 million special-purpose acquisition company, at a valuation of $16.1 billion the biggest business combination for a SPAC company to date. develop such plans and may seek to influence management or the Board of the Issuer with respect to the business and affairs of the Issuer and may from time to time consider pursuing or proposing such matters with advisors, the Issuer or other Ms. Corio received her MBA in Banking & Finance from Pace University and her B.A. Stockholders Agreement (incorporated by reference to Exhibit 10.2 to the Issuers Current Report on Form 8-K filed on April7, 2021). The remainder of this cover page shall be filled out for a reporting persons initial filing on this form As a holder exchanges FoA Units for shares of ClassA Common Stock, the voting power afforded to such holder of FoA Units by their shares of