NY State Supreme Court Approves Tenth Interim Cash Distribution of $235M to Investors in Partial Madoff Feeder Funds
Receiver Bart M. Schwartz’s Total Distributions Exceed $1.4 Billion; $300 Million More Than Value at Receivership Inception
New York, NY – November 18, 2015 – Justice Richard B. Lowe, III, of the New York State Supreme Court in Manhattan, has today approved a $235 million distribution request proposed by Bart M. Schwartz, Court appointed Receiver for Gabriel Capital, LP and Ariel Fund, Ltd, two funds formerly run by J. Ezra Merkin that suffered losses due to the Madoff fraud. This distribution is a direct result of Mr. Schwartz’s recent settlement of the Funds’ claims against the Madoff Estate with its Trustee Irving H. Picard.
Guidepost Solutions Completes Phase 1 of Security Enhancements at New Orleans Ernest N. Morial Convention Center
Project Completed Ahead of 2015 Mardi Gras Festivities
Dallas, Texas – March 16, 2015 – Guidepost Solutions recently completed the first phase of a multi-million dollar security technology enhancement project at the New Orleans Ernest N. Morial Convention Center in New Orleans, Louisiana. Phase one of this project addressed the challenge of monitoring crowd movements within exhibit hall space during largely attended events. Completion was targeted in advance of the 2015 Mardi Gras festivities to be hosted at the convention center, including five Masquerade Balls.
Guidepost Solutions Grows DC Office and Compliance Practice with Strategic New Hires
Adds Government Expertise to Address Ongoing Regulations and Mandates Imposed on Companies
Washington, D.C. – February 18, 2015 –Guidepost Solutions LLC grew its presence in the Washington, D.C. market with the addition of three new hires whose backgrounds include substantial government experience. David H. Katz joined as a senior managing director; John G. Connolly joined as a managing director, and Kent Solt joined as senior director.