Frank P. Turner, MA
Frank P. Turner is the Executive Partner at SCALE Finance.
Frank brings 30 years of experience to SCALE and has been involved in a variety of corporate debt restructurings totaling more than $12 billion. He has successfully negotiated with first lien, second lien, unsecured, and subordinated debt holders, and equity owners. His turnaround transactional experience encompasses both in and out-of-court restructurings, leading DIP and exit financings, arranging equity rights offerings, negotiating debt-to-equity exchanges, mergers & acquisitions, and selecting new boards of directors and management teams.
Previously, Frank was the Global Head of Commercial Loans for the Lehman Brothers bankruptcy estate. He was responsible for the management and ultimate liquidation of a $40 billion corporate loan portfolio. During his thirteen-year career at Lehman Brothers, his responsibilities included leveraged loan capital markets, corporate debt restructurings, and portfolio management. He also acted as Co-Chief Credit Officer for Lehman Brothers Commercial Bank.
Prior to Lehman Brothers, Frank spent ten years at The Bank of New York. He began his banking career at the Irving Trust Company.
Frank is a Certified Turnaround Professional with the Turnaround Management Association. Frank graduated with a BA in Economics from Westminster College and an MBA in Finance from Purdue University – Krannert School of Management.