Downtown welcomes Alan Goodstadt as the Chief Financial Officer. Based out of our New York office, Alan will oversee our global finance and accounting operations. We look forward to leveraging his 20+ years of investment banking, private equity, entrepreneurial and managerial experience.
Our CEO, Justin Kalifowitz, echoes our excitement as a company: "As Downtown continues expanding its global reach, technology platform and client services offering, Alan is the ideal executive to lead finance for us. Whether it be an acquisition, partnership, or royalty advance financing, Alan's wide-ranging experience in media banking will be invaluable to our clients and their advisors in the months and years ahead."
Background on our new CFO:
Prior to joining Downtown, Alan was co-founder and Managing Partner of Amplified Capital Partners, an investment company that launched a chain of music schools in the New York area. Prior to Amplified, Alan was a Partner at Redwood Capital, a boutique investment bank serving the technology, communications, media, and business services industries. He ran the digital media practice, with a particular focus on the emerging digital music sector.
Alan was previously a Managing Director and Head of Retail Mergers & Acquisitions at Merrill Lynch and a Managing Director and Head of Consumer Retail Mergers & Acquisitions at Bank of America Securities. Earlier in his career, he was a Director at CSFB Equity Partners, a private equity fund controlled by Credit Suisse, where he led deal teams in executing and monitoring investments primarily in the telecommunications, media and technology sectors. Alan began his career at Chemical Bank (now JP Morgan Chase) as a credit officer working with small businesses.
Alan's experience also includes serving on the Executive Council of Digital Entertainment Ventures, an early stage venture capital fund, and serving on the Advisory Board of The Jam NYC, a recreational music organization for amateur musicians in New York City. Alan holds an MBA from The Wharton School of the University of Pennsylvania and a BS in Applied Economics and Business Management from Cornell University.