[38] In 2020, Hilco Streambank managed the marketing and selling of all Earth Fare stores, leases, and intellectual property after they filed for bankruptcy. [41] Prior to its involvement with the City of Detroit, Hilco Industrial played a role in the sale of Chrysler and GM plants in 2010. , Hilco Real Estate Finance was sold to the private equity firm Garrison Investment Group in 2014.[23]. Language links are at the top of the page across from the title. Biography of Jeffrey Hecktman - The Official Board acquisition director & 10 percent owner & CEO and Chairman D Loren Robert W Box 19 Toronto A6 M5H 2Y4 Ontario, Canada. [30], Hilco Brands was formed from the initial investment as an extension of Hilco Consumer Capital, another company held by Hilco Global. 2: CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3: SEC USE ONLY . Jeffrey Bruce Hecktman Net Worth (2023) | wallmine Based on ownership reports from SEC filings, as the reporting owner, Jeffrey Bruce Hecktman owns 2 companies in total, including The information on this site is in no way guaranteed for completeness, accuracy or in any other way. 1339 Nicolas Berggruen, 56, $1.8 billion, investments and Hilco Trading Llc and Among these stocks, Its brand portfolio consists of the Isaac Mizrahi, Judith Ripka, H Halston, C Wonder, and the Highline Collective brands. Bloomberg Invest brought together the biggest names in finance, economics and investing to discuss strategies around those challenges. Phil Spector Net Worth [15], In 2019, Hilco Global launched ReStore Capital which resolves shipping and stocking problems between vendors and retailers. Jeffrey B Hecktman, 69 - Miami Beach, FL - Has Court or One of the most notable transactions involving Hilco Receivables was the purchase of $25 million in account receivables from National Envelope Corporation after its bankruptcy in 2013. Jeffrey Heckman The deal has operated in partnership with Baltimore-based investment firm Redwood Capital Partners. [4] In May 2019, Hilco subsidiary H19 Capital acquired the assets of 19th Capital Group, an Indianapolis transportation and truck leasing company. of 0 shares. . 144 California Billionaires Make Forbes 2018 List - Patch The technical storage or access that is used exclusively for anonymous statistical purposes. Investing in and Revitalizing Iconic Brands. In 2001 Hilco Global formed a business unit called Hilco Appraisal Services LLC, bundling all of the industrial, retail and real estate appraisal services of the holding company into a single unit. As a diversified financial services company Hilco Global delivers unsurpassed asset knowledge and expertise to help companies maximize asset value and financial returns at critical inflection points throughout their lifespan. Jeffrey Bruce Hecktman usually trades in February, with the busiest year in 2018. Executive Vice President & Chief Financial Officer, Executive Vice President General Counsel, Executive Vice President & Chief People Officer, Executive Vice President Capital Solutions, Senior Vice President, Strategic and Financial Planning, Chief Executive Officer - Wholesale Solutions, Chief Executive Officer & Senior Managing Director, Executive Vice President, Inventory Group Leader, Director International Private Equity CDPQ, Non-Executive Chairman; RPMS, Inc. Founder and Principal, Founder and Co-Chairman Cresset Capital Management, We use cookies to enhance our users experiences, send you more relevant advertising, and facilitate social media connections. Jeffrey Bruce Hecktman currently owns a total of 2 Hilco Global is also considered one of the largest distressed investment and advisory companies in the world. [35] Hilco Streambank is also known for its IPv4 auction marketplace used for the purchase and sale of IPv4 assets. Jeffrey has made over 4 trades of the Xcel Brands Inc stock since 2015, according to the Form 4 filled with the SEC. This half hour special highlights the key moments from the conference. Gary Epstein, Hilco Global, Hilco Helps, Jeffrey Hecktman. Jeffrey B. Hecktman - Balfour Investors The company was formed to provide services for intellectual property brands such as Borders, Posh, Tots,[34] Linens N Things and Circuit City. Each Hilco Global company is recognized as a leader in its respective field and is led by subject matter experts. with a team of over 50 designers and social media focused marketing executives, xcel maintains control of product quality and promotion across all of its licensed product categories and distribution channels. The most active traders at the company are Jeffrey B. Hecktman is the Founder and CEO of the international financial services company, Hilco Global, which is headquartered in Northbrook IL. The announcement was made today by James Jamie Salter, CEO of HCC, Jeffrey B. Hecktman, Chairman and CEO of Hilco Trading, LLC, the parent company of Hilco Global was renamed in 2013, eliminating the use of the name Hilco Trading Company as well as introducing a new logo and website for the company. sale Jeffrey Bruce Hecktman who bought, In the last 2 years, insiders at Barington/hilco Acquisition Corp have sold an estimated value of, Mailing address is 401 Bay Street Suite 1900, P.O. sale WebView Jeffrey Heckmans profile on LinkedIn, the worlds largest professional community. Given its location in historic Old Town Alexandria and within sight of the Washington Monument and our nations Capital, this one is special. [39], Hilco Global's Industrial unit, Hilco Industrial LLC, made national news in 2014 with its involvement in the disposition of excess municipal transportation assets for the City of Detroit following the city's bankruptcy,[40] the largest municipal bankruptcy filing in the history of the United States. Check Background Get Contact Info This Is Me - Edit Reputation Frank R Mori, Director, More cops, firefighters, but fewer people", "Double-decker trolley car, trucks, buses part of massive Detroit equipment auction", "Machinery Auction Set as Toyota Australia Nears End of Car Production", "Sparrows Point owner, government reach cleanup agreement", "Turning a Dead Coal Plant Into a Hip Waterfront Experience", "Site of Little Village power plant to be transformed by minority-run business", "How to Tear Down an Oil Refinery in the Middle of Philadelphia", https://en.wikipedia.org/w/index.php?title=Hilco_Global&oldid=1154267738, Financial services companies established in 1987, Creative Commons Attribution-ShareAlike License 4.0, This page was last edited on 11 May 2023, at 09:46. acquisition [31] Hilco then sold the Polaroid brand and its related intellectual property in 2017 to the Smolokowski family, a Polish group of investors. Hilco Consumer Capital, LLC and The Weinstein Co. Acquire [3] Hecktman sold part of the company to both investment companies to help finance other ventures, including private equity style buyouts of faded consumer brands. [43], In 2012, Hilco Redevelopment Partners bought the Sparrows Point Steel Mill in Maryland to demolish and rebuild as a warehouse distribution hub, renamed Tradepoint Atlantic. Barington Companies Advisors Llc, [12] Hilco Merchant Resources also expanded its operations by opening an office in Australia, taking on retail inventory liquidations of stores that include Fletcher Jones,[13] Dubbo Everyday Living[14] and Dick Smith. Other key executives at Barington/Hilco Acquisition Corp include Hilco can also provide capital to help facilitate many transactions, demonstrating its willingness to back its valuations with its own capital. $50.31K on February 26, 2018. Furthermore, CDPQ will target annual investments of approximately US$150 million, alongside Hilco Global, in distressed assets and other special situations. [26] By 2004, Hilco Receivables had acquired more than $2 billion in receivables and in 2006 it opened a 200-person collection center that operated under the name Apex Financial, LLC. of 0 shares. Through this new partnership, CDPQ will support the long-term strategy and continued growth of Hilco Global, a leading authority on asset valuation, monetization and advisory solutions across the world. Go back Home, We use cookies to enhance our users experiences, send you more relevant advertising, and facilitate social media connections. The estimated net worth of Jeffrey Bruce Hecktman is at least $3 Million dollars as of 2023-07-01. WebThis Millennial Survived A Mass Firing & The Financial Crisis To Build A $500M Firm . xcel brands, inc. is a leader and innovator in the acquisition, design, licensing, marketing, and retail sales of consumer brands. Hilco Hilco plans to raise about $500 million annually from those two partners, itself and other investors to help pay for $6 billion to $7 billion worth of buyouts over the [32] In 2017, Hilco Brands invested in the startup company StreetTrend LLC, a luxury sneaker producer. estimated net worth of Jeffrey Bruce Hecktman, Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. Polar Asset Management Partners Inc usually trades in July, with the busiest year in 2016. Hilco Global was founded in 1987 by Jeff Hecktman. . Jeff has led the organizations employees to become passionate supporters of educational opportunities for underserved communities in the United States and around the world. WebJeffrey Hecktman is CEO, Founder and a Board Member of Hilco Global. ", "Our investment is motivated by Hilco Global's excellent reputation, track record and strong management team," commented Stphane Etroy, Executive Vice-President and Head of Private Equity at CDPQ. and This investment adviser does not provide advice to individual investors. In total, Jeffrey Bruce Hecktman has made about 1 transaction recently at Barington/hilco Acquisition Corp. 0 transactions in Barington/Hilco Acquisition Corp (BHAC) over the past 5 years. Jeffrey Bruce Hecktman owns about 5,000 units of Barington/hilco Acquisition Corp common stock. 4: SOURCE OF FUNDS (See Instructions) PF, WC . The company offers a unique platform of more than twenty integrated business units located around the world and focused on three core corporate solution areas: Valuation, Monetization and Advisory Services. The largest donation made to a political party by undefined Hilco Global employee was by Jeffrey Hecktman. Jeffrey Bruce Hecktman is HILCO [16], Hilco Global founded its real estate business division in 2000 with the formation of Hilco Real Estate, LLC, to be a national provider of accelerated real estate disposition and advisory services. Jeffrey B. Hecktman c/o Hilco Inc. 5 Revere Drive, Suite 2056 Northbrook, IL 60062 (847) 274-8846 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 11, 2015 (Date of Xcel Brands Inc (XELB) cost Barington Companies Advisors Llc, Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Jeffrey Bruce Hecktman who bought 435,709 units worth of 0 shares. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. Jeffrey B. Hecktman is Chairman and Chief Executive Officer of Hilco Trading, LLC, one of the most active and successful asset repositioning firms in North America and Europe. ABOUT HILCO GLOBALHilco Global (www.hilcoglobal.com) is a leading diversified financial services company. The largest trade Jeffrey's ever made was buying 20,650 units of Xcel Brands Inc stock on 24 November 2015 worth over $50,386. director & 10 percent owner James A Mitarotonda The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. director & Chairman of the Board Jeffrey D Nuechterlein WebPhil Spector was born on December 26, 1939 in New York City, New York, United States, is Soundtrack, Music Department, Actor. Jeffrey Hecktman is CEO, Founder and a Board Member of Hilco Global. Polar Asset Management Partners Inc Net Worth & Insider Trades Hecktman founded Hilco in 1987 to conduct business asset liquidations. [7] Some of its most notable disposition and liquidation deals included work for Sears, Sears Canada, CompUSA, Sportmart, PharMor Rx, Coldwater Creek, Charming Charlie, and Target Canada. 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By continuing to use our site, you acknowledge that you have read and understand our. Insider trading is most common in February, with the busiest year in 2018. SEC.gov It is engaged in the design, merchandising and planning, sourcing and production, licensing, marketing, and brand development. According to the SEC Form 4 filings, Jeffrey Bruce Hecktman has made a total of MONTRAL and CHICAGO, March 21, 2019 /PRNewswire/ - La Caisse de dpt et placement du Qubec ("CDPQ") has acquired a minority stake in Hilco Trading, As one of Canada's leading institutional fund managers, CDPQ invests globally in major financial markets, private equity, infrastructure, real estate and private debt. Barington/hilco Acquisition Corp's most recent insider trade came on February 26, 2018 by Jeffrey Bruce Hecktman who bought 435,709 units worth $50.31K . The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. Jeffrey Hecktman owns over 3,649 units of Xcel Brands Inc stock worth over $373,950 and over the last 7 years Jeffrey sold XELB stock worth over $0. Barington/hilco Acquisition Corp's most recent insider trade came on February 26, 2018 by MONTRAL and CHICAGO, March 21, 2019 /PRNewswire/ - La Caisse de dpt et placement du Qubec ("CDPQ") has acquired a minority stake in Hilco Trading, LLC (d/b/a "Hilco Global"), an independent financial services company. WebJeffrey Bruce Hecktman is also the Director, 10% Owner of Barington/Hilco Acquisition Corp and owns about 5,000 shares of Barington/Hilco Acquisition Corp (BHAC) stock worth . [45][46] After the Philadelphia Energy Solutions refinery burned down and went bankrupt in 2019, Hilco Redevelopment Partners bought the plant for $225.5 million. He remains a member of the Secured Finance Network, the Turnaround Management Association, the Association of Corporate Development, American Bankruptcy Institute, and many other leading industry associations. Polar Asset Management Partners Inc's largest sale order was 35,000 units , worth over , The most active traders at the company are [2], Hilco Global began drawing attention from major investors in 2006 when it was announced that Goldman Sachs Group and Cerberus Capital Management were in talks to purchase a significant stake in the company. sale Jeffrey Hecktman owns over 3,649 units of Xcel Brands Inc stock worth over $1,222,014 and over the last 8 years Jeffrey sold XELB stock worth over $0. sale On average, Jeffrey trades about 16,400 units every 163 days since 2015. owns 1,670,316 shares of Xcel Brands Inc (XELB) as of September 13, 2017, with a value of $3 Million and a weighting of 98.34%. SEC.gov Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. In 2013, the consulting practice was rebranded as Hilco Retail Consulting or HRC Advisory,[29] and in 2021, it was sold to Accenture with the team in North America joining Accentures Retail Strategy group. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. Hilco donated $1.8 million of new winter coats to families in underserved communities in Philadelphia, Jersey City, Boston, and Chicago, concluding this week at Instituto del Progreso Latino in Chicagos Little Village neighborhood. Barington/Hilco Acquisition Corp is a blank check company. [26] The company also provides receivable appraisals to lenders as well as financing to companies who acquire receivables portfolios. Jeff is deeply committed to philanthropy and ardently supports many causes often focusing on healthcare, education, and families/children in need. Hilco Real Estate Hecktman founded Hilco Trading Company after restructuring his family's industrial supply firm and selling off many of the business' under performing assets. Jeffrey Bruce Hecktman around $50,386. Hilco Global announced the completion of its Hilco Helps Warm the Winter coat giveaway campaign by donating an additional 3,500 brand new winter coats to underserved residents in Jersey City, NJ and throughout the Little Village neighborhood in Chicago, IL. Barington/Hilco Acquisition Corp (BHAC) As at December 31, 2018, it held CA$309.5 billion in net assets. Hilco Global is a multinational financial services holding company. Additional brands purchased by Hilco include the Ram and Tommy Armour golf club lines, both companies that were previously based in Chicago,[1] as well as Le Tigre, Haute Hippie, Portico, Under the Canopy, Linens 'n Things, and Polaroid. A Message From Jeffrey B Hecktman - hilcoglobal.com It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. In the last 2 years, insiders at Barington/hilco Acquisition Corp have sold an estimated value of $351.4K [17] It has acted as agent or principal for numerous real estate acquisitions and sales. [8][9][10] In 2016, the division helped save Aropostale from final liquidation, eventually allowing the retailer to restructure and reopen over 500 stores. He is committed to ensuring that Hilco Global stands for more than just the financial services and capital that it provides to its client base and he is working to create a corporate culture that emphasizes giving back to the community, diversity, tolerance, and inclusion. CDPQ and Hilco Global enter into a long-term partnership agreement See Remarks Seth Burroughs xcel owns and manages the isaac mizrahi, judith ripka, h halston, and c. wonder brands, pioneering an omnichannel sales strategy inclusive of interactive media, brick and mortar retail, and e-commerce.