Judy K. Mencher

Judy K. Mencher

Class of 2009

 

Seasoned executive seeking Board of Director opportunities in order to utilize vast skill set which includes co-founding private equity firm that specialized in high yield and distressed debt, restructuring and M & A expert, COO, finance professional and lawyer.

Board of Director positions:

Current board positions:
NMH, LLC – Holding company for New Millennium Homes, Ltd., a California based homebuilder. Member of the Compensation Committee. Member of the Board since 1997.
Alon Leisure, LLC – Holding company for a 35 acre parcel of land on the Las Vegas strip that was acquired by Crown Resorts, Oaktree Capital and others for development. Member of the Board since 2014.

Prior board experience:
2009-2015 Tropicana Las Vegas Resort and Casino – a Las Vegas based casino and resort. Member of the Compensation Committee and Audit Committee. Elected to Board by the minority shareholders pursuant to a shareholder agreement. Tropicana was an SEC reporting company. Company sold in 2015.

2009-2012 Milacron, LLC-last remaining US based injection molding machine manufacturer. Chairman of the Audit Committee. Company sold in 2012.

2003-2012 CML International, LLC-European based manufacturer of specialty automobile parts. Helped guide company through the downturn of 2008-2009. Chairman of the Board. Company sold in 2012.

2004-2012 AET, Inc.-US based manufacturer of OEP film. Chairman of the Board. Company sold in 2012.

Additionally, while a principal at DDJ Capital, served on several boards, including Smith & Hawken, specialty retailer, Interdent, Ltd, dental practice holding company and Waste Systems International, Inc., trash hauler and landfill company.

Employment History:

November 2014-Present
Consultant, Board Member
Alon Leisure, LLC, Las Vegas, NV

Worked with former President of Wynn Resorts, Ltd. and Crown Resorts, a public Australian gaming company, to acquire 35 acres of land on the Las Vegas strip that was in a foreclosure process. Orchestrated a game plan for acquiring the land. Crown originally planned to develop a resort on the land, but recently abandoned its plans and is selling the land.

September, 2012-November 2014
Managing Director
Champlain Advisors, LLC, San Juan, PR

Worked for fund placement agent advising on how to structure private equity funds to minimize tax consequences such as unrelated business income, effectively connected income and FERPTA.

July, 2010-August, 2012
President, Debt Fund Group
Gordon Brothers Credit Partners, Boston, MA

Managed two specialized credit hedge funds for Gordon Brothers Group, a retail liquidator. Funds specialized in asset based lending and structured credit. Restructured Debt Fund Team and fund operations to position funds for growth. Excellent performance during this tenure.

1996-2006
Principal
DDJ Capital Management, LLC, Waltham, MA

Co-founder of private fund company that invests in special situations, distressed and high yield with assets under management over $3 billion. Sold majority of equity position in 2006 and continued as a consultant. During time at DDJ was responsible for operations of the firm and portfolio manager for over $1 billion in active distressed investments. Used secondary market credit or direct credit as part of a “loan to own” platform. Participated in numerous restructurings, mergers, acquisitions and re-capitalizations including Smith & Hawken, Ltd., Waste Systems International Inc., New Millennium Homes, LLC, SLI Holdings International, LLC, Interdent, Ltd., and AET, Inc.

1990-1996
Associate General Counsel and then Vice President, High Yield Group
Fidelity Investments, Boston, MA
Specialized in high yield and distressed investments. Actively involved in many of the large restructurings of the early 1990’s including Allied Stores, Trump Plaza Casino, Drexel Burnham Lambert and R.H. Macy & Co.

1983-1990
Associate and then Partner
Goodwin Procter, law firm, Boston, MA
Lawyer specializing in bankruptcy law and corporate financing transactions.

1981-1983
Law Clerk
US Bankruptcy Court, Boston, MA
Clerked for Bankruptcy Judge Harold Lavien.

EDUCATION

Boston University School of Management, MBA, May, 1993

Boston University School of Law, JD, May, 1981

Tufts University, BA, Economics, February, 1978

AFFILIATIONS

DirectWomen class of 2009
Corporate Directors Group Professional Directors Certification