Our Advisor Biography
Mr. Kronfeld is a member of BlackRock's Global Credit Platform, where he focuses on special situations and distressed investments as well as opportunities in rescue financing, private credit, direct lending, litigation finance, complex credit, and secondary markets. Mr. Kronfeld helps manage special situations strategies in BlackRock's U.S. Private Credit Group as well as workouts and restructurings across BlackRock Alternative Investors (BAI). He also serves on Global Credit's Credit Oversight Committee.
Mr. Kronfeld has over 24 years' experience with a strong record of success in special situations and distressed investing across the capital structure, in both public and private markets. Prior to joining BlackRock as part of its acquisition of Tennenbaum Capital Partners (TCP), he was a managing director at TCP and a partner/portfolio manager at Plymouth Lane Capital where he launched and led the firm's credit/distressed strategies. Before Plymouth Lane, Mr. Kronfeld was a managing director at BlueMountain Capital and a partner at Owl Creek Asset Management. Mr. Kronfeld has led numerous ad hoc and official creditor committees in corporate, municipal, and sovereign restructurings in North America, Latin America, Europe, and Asia.
Before his career in finance, Mr. Kronfeld practiced law as a bankruptcy lawyer and litigator. Mr. Kronfeld also served as a prosecutor in New York City, where he investigated and prosecuted serious felony cases involving, among other things, complex white-collar crime, organized crime and murder, achieving a 100% jury trial conviction rate.
Mr. Kronfeld is a frequent guest speaker, author, lecturer, and conference panelist on topics in distressed investing, bankruptcy, restructuring, and the credit markets. As an adjunct professor at Boston University School of Law, Mr. Kronfeld teaches a course in Financial Restructuring. In addition, Mr. Kronfeld serves as a lecturer at Columbia Business School where he teaches advanced distressed investing and corporate restructuring. Mr. Kronfeld is an active member of the Turnaround Management Association as well as the American Bankruptcy Institute where he served as a member of the advisory committee for ABI's Commission to Study the Reform of Chapter 11, which submitted its 2015 Report to the United States Congress.
Mr. Kronfeld earned his MBA in Finance from New York University's Stern School of Business and his JD from Boston University School of Law where he was an Edward F. Hennessey Scholar. He received his B.A. (Dean's List) from the State University of New York at Albany.