Resume, CV

1. RONALD A. RICH
156 Wild Duck Road (203) 609-0407
Stamford, CT 06903 ron.rich@sbcglobal.net
Experienced fundamental credit analyst, specializing in high yield and distressed debt across the capital structure.
Sector coverage has included trucking, consumer products, building materials, retail, fitness centers, packaging,
commercial contracting, homebuilders, packaged food and media. Leverage complementary experience in buy
and sell-side credit research, credit trading, restructuring advisory and corporate turnarounds to consistently
deliver differentiated insight and investment theses.
EXPERIENCE
NEW YORK LIFE INVESTMENTS, New York, NY 2007 - 2011
Senior Restructuring Advisor, 2009 – 2011
Led firm negotiations to restructure troubled fixed income investments. Advised portfolio managers on hold/sell decisions.
• Served on creditor committees to devise capital structure solutions among the debtor and various creditor constituencies.
• Completed complex restructuring of $45 million unsecured note position in $1.5 billion revenue homebuilder, extending
maturity and resetting covenants in exchange for collateral, increased rate, partial make-whole, and mandatory repayments.
• Negotiated out-of-court restructuring of $220 million first lien term loan in $150 million revenue media company, resulting
in ownership transfer from PE sponsor to lender group. Restructured balance sheet and established new board of directors.
Senior Distressed Investment Analyst, 2007 – 2009
Recruited to spearhead investment in distressed bank debt and bonds in the secondary market.
• Generated profitable investment ideas, developing theses and identifying catalysts. Responsible for all sourcing and due
diligence. Prepared and presented recommendations to investment committee. Monitored portfolio.
• Performed extensive fundamental research, legal document review, financial modeling, valuation and scenario analyses.
Analytic framework addressed company, industry, competitors, sector drivers, capital structure, liquidity, recovery and
securities. Analyses encompassed due diligence with suppliers, customers, competitors, employees, advisors and media.
• Managed street relationships with sales and trading. Developed skill set of junior analysts.
MILLER TABAK ROBERTS SECURITIES, New York, NY 2005 - 2007
Senior High Yield / Distressed Credit Analyst
• Developed long and short trade ideas, and published extensive coverage reports recommending debt investments.
• Worked with sales force and buy-side clients to support investment recommendations.
GREENWICH HIGH YIELD, Greenwich, CT 2003 - 2005
Senior High Yield / Distressed Desk Analyst
• Analyzed and recommended investment in off-the-run corporate debt in support of sales and trading.
• Sourced, analyzed, and traded illiquid control positions in single asset, real estate-secured municipal debt.
PHOENIX CONSULTING, New York, NY 1999 - 2003
Corporate Turnaround Consultant
Advised equity and debt holders of distressed companies on financial and operational restructurings.
• Engagements entailed c-suite review, daily cash management, budgeting and forecasting procedures, customer retention
and reacquisition, product line rationalization, operations right-sizing, inventory management, and strategic planning.
SG COWEN SECURITIES CORPORATION, New York, NY 1997 - 1999
Senior Private Equity Analyst, Venture Capital Group
Invested in middle-stage financings in the technology, telecommunications and healthcare sectors. Investments included:
• 1) Tripod - sold to Lycos at 190% IRR, 2) Metawave - IPO at 28% IRR, 3) Andromedia - sold to Macromedia at 8.6x post-
money valuation, 4) PowerCenter Systems - sold to Eclipsys at 2.0x post-money valuation.

2. RONALD A. RICH Page Two
EXPERIENCE, continued
IN FOCUS CONTACTS, INC., New York, NY 1992 - 2002
President
Founded and built national contact lens mail-order company that provided overnight delivery at reduced prices.
• Profitable from 1994, with EBITDA margin ranging from 10% to 15%.
• Sold company to leading optical retailer in 2002.
BEAR, STEARNS & CO. INC., New York, NY 1988 - 1990
Financial Analyst, Financial Restructuring and Corporate Finance Groups
• Specialized in financial restructuring and reorganization of troubled and bankrupt companies. Corporate finance
transactions included private placements, acquisitions, leveraged buyouts and exclusive sales.
EDUCATION AND LICENSES
M.S. in Real Estate, New York University. 2005
Graduated first in class.
Recipient of Norman Weinberg Award for Excellence, Dean’s Graduate Fellowship, and Future Alumni Scholarship.
M.B.A. in Corporate Strategy, University of Michigan 1992
M.S. in Industrial and Operations Engineering, University of Michigan. Graduated with Honors.
Thesis: The Strategic Acquisition and Turnaround of a Manufacturing Concern.
B.S. Economics in Finance, The Wharton School, University of Pennsylvania 1988
Benjamin Franklin Scholar.
Licenses: Series 7, 63, 86, 87
TECHNICAL SKILLS
Programming languages: C#, Linq, SQL, .NET, Visual Studio