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Benjamin Waisbren

President at Virtually There Holdings LLC

Professional Background

Benjamin Waisbren is a seasoned professional in the film and financial sectors, recognized for his extensive expertise in restructuring and investment management. As the principal of Virtually There Holdings LLC, operating under the name Ben Waisbren & Associates, he provides strategic advice and guidance to media companies and businesses navigating through distressed situations. Since the company’s establishment in 2014, Waisbren has leveraged his vast experience to help clients recover and reposition themselves for future success.

Waisbren boasts a remarkable track record highlighted by his recent role as the Chief Executive Officer and Chief Restructuring Officer for NanoMech, Inc. Here, he demonstrated his exceptional leadership and strategic foresight by leading the company through a successful Chapter 11 management assignment in Delaware. This assignment allowed him to utilize his deep understanding of both corporate law and the intricacies of the financial markets, making significant contributions to the firm's restructuring efforts.

Prior to his role at NanoMech, Waisbren made a substantial impact in the film industry, serving as an Executive Producer on over 40 films, including 37 major motion pictures released by industry giants such as Warner Bros. and Sony. His ability to manage investments totaling more than $2 billion in production financing and private equity underscores his capital management skills and strong business acumen.

Waisbren's career trajectory also includes key positions in investment banking and private equity. He served as the Managing Director and Head of Restructuring at Salomon Brothers Inc. in New York, where he shaped and executed vital restructuring strategies for clients facing unparalleled business challenges.

Education and Achievements

Educationally anchored with a J.D. in Law from the University of Wisconsin-Madison and a B.A. in English from Boston University, Waisbren combines legal expertise with strong communication skills, equipping him uniquely for his multifaceted career.

His earlier career experiences provide a solid foundation in corporate law. Waisbren was a national bankruptcy lawyer at Lord, Bissell & Brook LLP (now Locke Lord), which paved the way for his transition into the finance world. His comprehensive understanding of finance and law was further enhanced during his time as Managing Director at Stark Investments, a global hedge fund, and later as President of Continental Entertainment Group L.P., a direct subsidiary of Citigroup.

In addition to his professional roles, Waisbren has been an influential figure on the Supervisory Board of Wild Bunch AG, a pan-European film distribution and co-production company, for a decade. His involvement with this award-winning organization showcases his commitment and contribution to the cinematic arts and his ability to navigate complex international landscapes.

Notable Contributions and Experience

Waisbren’s contributions to the film and finance sectors are further exemplified by his role as an expert consultant engaged by the U.S. Department of Justice during the high-profile 1MDB money laundering investigation, related to allegations originating in Malaysia. His insights and expertise were instrumental in unraveling complexities pertaining to the film industry's intersection with financial malfeasance, demonstrating his versatility as a consultant in legal and financial matters.

Regularly recognized for his outstanding achievements, Waisbren continues to lend his expertise and strategic vision to various organizations. As a board member at Vistas Media Acquisition Company Inc., he participates actively in discussions surrounding media investments and opportunities shaping the industry's future.

Waisbren's commitment to excellence in his professional endeavors, alongside his legal and financial expertise, has placed him at the forefront of the media and finance industries. His unique combination of skills, experience, and education positions him as a leading figure in advising distressed companies through significant transitions and helping them reclaim their positions in the market.

In summary, Benjamin Waisbren exemplifies a hybrid professional adept at navigating the complexities of the film industry and financial restructuring with remarkable expertise. His significant contributions continue to define his legacy as a leader capable of charting pathways for success in challenging environments.

Related Questions

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Benjamin Waisbren
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Location

Chicago, Illinois, United States