Steve Zelin is a Senior Managing Director in the Restructuring & Reorganization Group.
Mr. Zelin has advised in both domestic and cross-border restructuring, capital raise, financing and merger and acquisition advisory transactions on a full-time basis since 1988. Mr. Zelin is a Fellow of the American College of Bankruptcy, an honorary association of bankruptcy and insolvency judges, lawyers and restructuring specialists whose members are admitted based upon achievements and service to the profession. Mr. Zelin has also been named as one of the country’s leading restructuring financial advisors in the 2003 through 2011 K&A Restructuring Register, an annual peer group listing assembled by the country’s leading restructuring professionals.
Mr. Zelin’s advisory experience extends across many industries. His most notable public assignments representing companies include Abitibi Bowater Holdings, Inc., Aeromexico/Mexicana Airlines, Alliance Entertainment, Inc. Aquila, Inc., Big V Supermarkets (Shop Rite), Brown Jordan International, Centaur Gaming, Enron Corporation, Ford Motor Company, General Motors Corporation, The Goodyear Tire & Rubber Company, Houston Sports Authority, Kerzner International, Kindred Healthcare (formerly Vencor), Marvel Entertainment Group, Mrs. Fields Cookies, Inc., Motorola Inc. (in the restructuring of Iridium), Pacific Lumber/Scotia Pacific Corp., Ritz Carlton Grand Cayman, Safelite Glass Corp, SEM Group Energy Partners, Terrestar Corp., Washington Mutual, Inc. and Xerox Corporation.
Mr. Zelin’s other notable advisory experience includes advising creditors or other stakeholders in Calpine Corporation, Delphi Corporation, Entergy New Orleans, Inc., Highland Hospitality, Indianapolis Downs, Intrawest Corp., Jefferson County (Alabama) Sewer System, Lightsquared, Inc., R.H. Macy & Co., The State of Rhode Island (in the restructuring of Twin River Casino), Sumitomo Corp (in the restructuring of Apex Silver Mines) and Toshiba Corp (in the restructuring of Nuclear Initiative North America).
Before joining Blackstone in 1998, Mr. Zelin was a Partner in the Restructuring & Reorganization Group of Ernst & Young LLP. Mr. Zelin received his MBA in Finance from New York University’s Stern School of Business, where he now serves as the Chairman of the Dean’s Executive Board and is a frequent lecturer on restructuring-related topics at the University. He also received his BS in Accounting from the University at Albany, where he currently serves as a member of the School of Business Advisory Board. Mr. Zelin was also a member of the board of directors of Meridian Automotive Systems, Inc., a tier one automotive supplier.