New York, New York, US
New York, New York, US
Founded 2+ startups
Mr. Rizvi has several years of deal execution experience in real estate, financial services, and healthcare. He has significant expertise in the capital markets and portfolio management arenas, with the benefit of also having been involved in several successful entrepreneurial ventures. A respected industry professional, he is not only admired for working productively in intense environments with diverse groups of people but also has a strong academic and corporate pedigree that includes top-tier investment banking and financial consulting firms. He lives in New York City with his wife and son.
“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” - Winston Churchill
Senior Advisor to the Creditors
September 2008 - December 2012
Managed $23.3 billion of real estate debt and equity assets owned by Lehman Brothers Holdings Inc. at the time of its bankruptcy filing. Implemented portfolio strategy that harvested longer-term value from distressed investments and special situations by aggressively obtaining control of positions or properties that were intrinsically worth more than their dislocated market value. Recovered $16 billion from the managed liquidation of the legacy real estate portfolio – $11.6 billion more than if the Unsecured Creditors had followed through with a “fire sale” in 2008. Deployed $4.3 billion of new capital and acquiring distressed debt, implementing value-added strategies for real estate portfolios, and restructuring legacy credit issued during the bubble. Managed 8 full-time team members day-to-day and interacted with the creditors’ real estate subcommittee analogously to how a private equity investment professional would manage an investment committee supervising a multi-billion real estate portfolio. Contemporaneously served as a Managing Director in the Real Estate Practice at FTI Consulting, Inc.
November 2007 - May 2013
Managed 8 full-time team members day-to-day and interacted with Lehman Brothers Holdings Inc. on behalf of its creditors’ to execute and oversee creative transactions that ultimately maximized the value and recovery from the liquidation of $23.3 billion of real estate debt and equity. Role was analogous to an investment management.
Bank United (f/k/a Herald National Bank)
January 2007 - October 2011
Founding Organizer of Herald National Bank, a federally chartered commercial bank headquartered in New York City conceived and launched in 2007. Acquired by Bank United (Blackstone) in 2012. Recognized as the fastest growing and one of the most successful start-up banks in the country in the last 10 years, amassing nearly $500 million in assets and $425 million in deposits in just 13 months utilizing a unique relationship based business model targeting small to mid-size business and the owners and senior managers of their businesses. Bank organizers and senior management raised over $94 million in commitments through two separate capital raises in 2008 and 2010.
January 2005 - January 2007
Launched boutique real estate investment, consulting, and asset management firm alongside two senior executives from and backed by Starwood Capital. Oversaw firm’s capital markets activities, focusing on a pipeline of over $100 million of domestic and international real estate transactions. Led capital formation for $300 million opportunity fund targeting real estate in the United States and India.
Summer Associate, Investment Banking
May 2004 - August 2004
Recruited into the firm’s Investment Banking group. Worked on several multibillion-dollar investment banking transactions, including M&A, LBO, and debt/equity recapitalization transactions.
Columbia Business School
MBA Real Estate
2003 - 2005
The Wharton School, University of Pennsylvania
Bachelor of Science in Economics
1994 - 1998
Licensed Real Estate Broker
Series 7/63 FINRA