Kenneth A. Buckfire
Kenneth A. Buckfire is the President and co-Founder of Miller Buckfire & Co. During his 30 year career in restructuring he has advised clients in a broad range of industries including oil & gas, oilfield services, homebuilding and real estate, merchant power, electric utilities, broadcasting, media, telephone and data services, shipping, governments and government agencies. In addition to co-founding Miller Buckfire in 2002, he co-founded Marblegate Asset Management in 2008 which was sold when Stifel Financial acquired Miller Buckfire in 2012.
His notable accomplishments include the first prepackaged Chapter 11 (Edgell Communications, 1990), the largest out of court utility restructuring (Niagara Mohawk Power Corporation, 1998), the first convertible DIP loan (ICO Global Communications, 2000), the first public common stock offering by a bankrupt company (General Growth Properties, 2010), and the first municipal DIP loan (City of Detroit, 2014).
Mr. Buckfire has been the primary financial advisor in the restructurings of The City of Detroit, General Growth Properties, Calpine Corporation, Level(3) Communications, Exide Technologies, Standard Pacific Homes, McLeod USA, ICG Communications, iPayments, PSINet, Sirius Satellite Radio, BTI Telecom, CMS Energy, CenterPoint Energy, Oncor, Horizon Natural Resources, TECO Energy, Centennial Communications, Readers Digest, Advanstar, Allegheny International, Foamex, Van Camp Seafood, Walter Industries, Burnham Broadcasting, EUA Power Corporation, Dialog Corporation, Imperial Sugar, and CRIIMI MAE. He has been an advisor to the FDIC and to the National Bank of Ukraine.
He has received numerous industry awards including the Harvey R. Miller TMA Outstanding Achievement Award, the Foreign Policy Association Corporate Social Responsibility Award, the Turnaround Atlas Individual Leadership Award, and the Mega Transaction of the Year Award for the City of Detroit (2014, from both the Turnaround Management Association and Turnaround Atlas).
Many of his transactions have been similarly recognized including Niagara Mohawk Power Corporation (Energy Transaction of 1998, IDD), Calpine Corporation (Mega Transaction of 2008, TMA), General Growth Properties (Mega Transaction of 2010, TMA), and Horizon Natural Resources (Most Outstanding Transaction of 2005 by TMA).
Prior to founding Miller Buckfire in 2002, Mr. Buckfire was a Managing Director of Dresdner Kleinwort Wasserstein and Co-Head of the firm’s financial restructuring group specializing in the restructuring and refinancing of highly leveraged companies. Before joining Wasserstein Perella & Co. (acquired by Dresdner), he was a Senior Vice President at Lehman Brothers Inc.
Mr. Buckfire is on the Board of Advisors of the Zell-Lurie Institute at the Ross Business School, University of Michigan. He is on the Board of Advisors of New Mountain Capital and the Paul & Daisy Soros Foundation for New Americans. He is a Trustee of the Philharmonic Symphony Society of New York. He is a member of the Dean’s Research Council of Weill Cornell Medical College. Mr. Buckfire was formerly a trustee of UJA-Federation of New York and the Orpheus Orchestra. He currently serves on the Board of Directors of Neurophage Pharmaceuticals and is a Board Observer at Ambiq Micro. He has been a director of numerous other public and private companies.
Mr. Buckfire is a Visiting Professor at Columbia Business School, where he received his MBA in 1987. He received his B.A. in Economics and Philosophy from The University of Michigan in 1980.