Mr. Mark P. Kronfeld

Mark P. Kronfeld is a managing director at Province, LLC in New York and has 30 years of experience as a litigator, restructuring advisor, fiduciary, bankruptcy lawyer, investor and professor. He has led hundreds of successful distressed investments and restructurings, and has significant expertise in high-stakes litigation, negotiations, investigations and corporate governance. Mr. Kronfeld regularly serves in a variety of key fiduciary roles, including independent director on corporate boards and special committees, as well as trustee for post-confirmation litigation and liquidating trusts. He focuses on trustee and fiduciary services, investigations, litigation consulting, credit/distressed/workout advisory services, restructuring and expert services. Mr. Kronfeld has experience in bankruptcy, restructuring and workouts, as well as distressed and special-situations investing across the capital structure, often with an emphasis on complex litigation, governance and other process-drivers. He also has experience in private credit, litigation finance and leveraged finance. Mr. Kronfeld has served on numerous ad hoc and official creditor committees, typically in a leadership capacity, in corporate, municipal and sovereign restructurings across the world. He also has led numerous activist situations in shareholder and creditor capacities and has led many successful litigation and liquidating trusts. Most recently, Mr. Kronfeld was the global head of Restructuring at BlackRock and served on BlackRock’s Global Credit Oversight Committee. He was responsible for overseeing workouts and restructurings across the platform as well as related corporate governance, litigation and risk-management functions. Prior to joining BlackRock through its acquisition of Tennenbaum Capital (TCP), Mr. Kronfeld was a managing director at TCP and a portfolio manager at Plymouth Lane Capital, where he launched and led the firm’s credit strategy. Before his career in finance, he was a restructuring attorney and litigator, representing debtors, creditors, trustees and corporate boards in complex restructurings. As a litigator, he handled a wide variety of commercial and corporate litigation. Mark also served as a prosecutor in New York City, where he was a member of its elite Investigations Division and prosecuted cases involving complex white-collar crime, fraud, money-laundering, organized crime and murder. Mr. Kronfeld is a frequent lecturer, panelist, author and thought leader on bankruptcy, corporate governance, distressed investing, litigation, restructuring and credit markets. He also is an adjunct professor at NYU Stern, where he teaches Corporate Bankruptcy & Reorganization in its MBA program, as well as topics in credit risk and corporate governance for the TRIUM MBA program, and he teaches distressed value investing at Columbia Business School. He also taught financial restructuring at Boston University School of Law and has guest lectured at Wharton, Duke, Yale, UVA and Oxford. Mr. Kronfeld is an active ABI member and served on the advisory committee (Governance and Supervision of Chapter 11 Cases and Companies) for ABI’s Commission to Study the Reform of Chapter 11. He is also a member of the National Association of Corporate Directors, TMA and ABA. Mr. Kronfeld received his B.A. from the State University of New York at Albany, his M.B.A. in finance from New York University and his J.D. from Boston University School of Law, where he was an Edward F. Hennessey Scholar and a research assistant.