Partner, Co-Founder, Chief Executive Officer & Chairman of the Investment Committee
Ike Kier is the co-founder and CEO of KG Funds Management.
From 2004 to 2008 Ike created management groups which were responsible for 4 SPACs which raised collectively about $200 million from the public markets. All of the management teams completed their merger/purchase of their targets.
Ike's business experience includes serving on numerous boards and building two businesses, both of which went public: Lida Inc (formerly NASDAQ: LIDA) and eDiets (formerly NASDAQ: EDIET).
Ike took over as the CEO and majority owner of Lida Inc,, a family business, after practicing law. He grew the Company from being a regional fabric supplier in North Carolina to the largest producer of cotton/lycra/spandex fabrics, supplying 55% of the world’s consumption and employing 700 when Lehman took them public in 1992. Ike sold the business to a New York based LBO firm, in 1995.
eDiets was founded in Florida to help people tailor diet plans on the internet. Ike discovered the company, raised capital as the lead investor and served on the company’s board. The business grew to become one of the largest sellers of diet programs over the internet. The company went public through a reverse merger using Lida’s public listing and was subsequently bought by a private equity firm.
Between 1987-9, Ike participated in the cellular spectrum provider lotteries run by the FCC. He applied for 400 markets and eventually received the I-85 corridor between Montgomery, AL and Atlanta, GA. He held the rights for 2 years, and then negotiated a sale of his spectrum rights to the surrounding providers who were already encroaching on his territory. The sale of his rights brought him earnings of over 100 times his original investment.
Ike earned a J.D. from George Washington University and a B.A. in Economics from Cornell University.
Ilya Zaides, Esq.
Partner, Co-Founder, Chief Investment Officer & Portfolio Manager
Ilya Zaides is the co-founder and Chief Investment Officer of KG Funds Management. In addition, Ilya is the Portfolio Manager and serves on the investment committee of the KG Investments Fund.
Ilya spent 6 years as a practicing attorney working on corporate transactions and financial products, most recently for King & Spalding and starting his career at Milbank, Tweed, Hadley & McCloy. Ilya then spent three years as an asset allocator at Ivy Asset Management and then Auda Asset Management before co-founding KG Funds Management with Ike in 2008. Ilya earned a J.D. from New York University and he earned his B.A in Economics from the University of California, Berkley.
Partner, Director of Research
Ron Mandel is the Director of Research at KG Funds Management. In addition, Ron is a member of the investment committee for the KG Investments Fund. Prior to joining KG in 2010, Ron worked in the Investment Banking division of Credit Suisse in New York and Los Angeles, where he was involved in a number of merger, acquisition, and financing transactions.
Ron holds an Honors Business Administration degree (with Distinction) from the Ivey School of Business at the University of Western Ontario.
Jonathan Jenson is an analyst at KG Funds Management and is a junior member of the investment team. Prior to joining KG, Jonathan was an investment banking analyst at Evercore where he worked on various restructuring and recapitalization transactions.
Jonathan holds a Master of Finance from MIT and graduated 1st in his class with a B.S. in Finance from the University of Connecticut.
Jin Bai is an associate at KG Funds Management. She is actively involved in many projects at KG, working closely with the CFO and CIO in handling day-to-day activities.
Jin graduated from Stevens Institute of Technology with a B.S. in Business & Technology and a M.S. in Technology Management.
Kevin Butler is an analyst at KG Funds. He graduated from the Stern School of Business at New York University where he was a Dean’s List student. During his time at NYU, Kevin held internships at Keefe, Bruyette, & Woods, as well as Wells Fargo Securities.