IJP Family Partners
Ira is a seasoned family office, finance, investment and restructuring professional. He currently serves on the Board of a bank he acquired for a significant family. He has been the Chairman of the Credit and Compliance Committees for over 11 years. In addition to the bank, Ira also acquired 11 operating companies for the family. He served as Chairman of five of those companies.
Ira also serves as an outsourced Chief Investment Officer for another very significant family working with the Principal and the G2 family members on their various venture investments, financings, businesses and careers. Ira also assisted another substantial family to start a new, direct private equity buyout firm. He has worked on over $20 billion of transactions and has been named one of the top advisors to family offices worldwide.
Ira has also assisted numerous families with underperforming and distressed portfolio companies and real estate. This includes a troubled hotel with a five tier capital structure and multiple guarantees, a public, oil and gas exploration and production company he took private, a substantial, over-levered, real estate portfolio, a fast growing healthcare company, a legacy company with a sunk $30 million investment, he advised to shut down, etc.
Prior to his work in the family office world, Ira served as Bankruptcy Court-appointed, Trustee of the $750 million Daewoo Estate. He led his own financial advisory boutique in over $5.5 billion of complex, US and international restructurings, turnarounds, transactions and situations. He was also a Workout Officer and Special Liaison to the M&A Group for distressed transactions at The Chase Manhattan Bank.