Ankura Consulting (Ankura) announced the promotions of four to the title of Senior Managing Director. Of most interest to restructuring professionals, Michael Baumkirchner has more than 18 years’ experience in restructuring, corporate finance, commercial lending and investment banking across a wide range of industries including retail, healthcare, energy, financial services, telecom, technology and manufacturing. Baumkirchner has advised both companies and creditors in highly complex distressed situations, including Lehman Brothers and MF Global.
He is also experienced in originating and structuring secured credit backed by aviation assets, marine cargo containers, intellectual property, power plants and telecommunication infrastructure. Prior to joining Ankura, Baumkirchner worked in FTI’s Corporate Finance and Restructuring practice. Prior to joining FTI, Baumkirchner spent five years at MBIA in its Operating Asset and Whole Business Securitization group where he originated and structured financial guarantees on fixed income securities backed by aviation assets, marine cargo containers, intellectual property and business loans and leases. Prior to receiving his MBA, Baumkirchner worked as an Associate at Dresdner Kleinwort Wasserstein in its loan syndication department where he focused on structuring and distributing debt in project finance, real estate and leverage finance markets.
As an analyst at Bank of America Securities in its Global Investment Bank, he developed cash flow models for valuing various capital intensive projects such as power plants, telephone networks, oil fields, toll roads and gas pipelines in connection with Bank of America’s US Project Finance practice and in support of Latin American M&A business. Baumkirchner received his MBA from NYU’s Stern School of Business and his BBA from Emory University’s Goizueta Business School. Baumkirchner is also a CFA Charterholder.
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