Background
Tilton was born in The Bronx, raised in Teaneck, New Jersey and attended Teaneck High School, where she played on the tennis team Her father, Jerry Garfinkle, was a tough New York City schoolteacher and a strong influence on her.
Tilton was born in The Bronx, raised in Teaneck, New Jersey and attended Teaneck High School, where she played on the tennis team Her father, Jerry Garfinkle, was a tough New York City schoolteacher and a strong influence on her.
She obtained a Bachelor degree in American Studies from Yale University in 1981 and an Master of Business Administration degree in Finance from Columbia University.
She is the chief executive officer and sole principal of Patriarch Partners, Limited Liability Company and its affiliated entities, a holding company managing 75 companies. She worked for Goldman, Sachs and Merrill Lynch as an investment banker. He died of a brain tumor during her junior year in college.
Tilton began her career at Morgan Stanley in 1981.
She also worked for Goldman, Sachs & Company and Merrill Lynch as an investment banker until 1989. Prior to founding Patriarch Partners, Tilton was an executive at Long Drive Management Trust, a special situations investment fund, and Executive Managing Director of Papillon Partners, Incorporated., a firm which she founded to offer customized research, valuation and execution services to sellers of bank loans and high yield bonds.
Since 2000, through Patriarch Partners" affiliated funds, Tilton has had ownership in and restructured more than 240 companies with combined revenues of $100 billion. She is also Chairman and Chief Executive Officer of Doctor of Medicine Helicopters, Incorporated., a manufacturer of commercial and military helicopters, the acting Chief Executive Officer of Dura Automotive Systems, a Tier 1 supplier to automotive and transportation industry OEMs, and Chief Executive Officer of Stila, a cosmetics company.
In October 2011, Tilton was interviewed by Barbara Walters for a 20/20 special.
She appears periodically on Consumer News and Business Channel and is an occasional contributor to The Huffington Post. In April 2011, an article in New York said that Tilton is not respected and detailed her management style. Securities and Exchange Commission charges In March 2015, the United States. Securities and Exchange Commission (Securities and Exchange Commission) charged Tilton with defrauding her collateralized loan obligation (CLO) investors.
She filed a lawsuit against the Securities and Exchange Commission on April 1, 2015 to stop the Securities and Exchange Commission from pursuing the charges against her.
On December 18, 2012 Diversity Women Magazine awarded Lynn Tilton the Mosaic Women Legend Award for her efforts in saving American jobs. The award was presented at the National Diversity Woman Business Leadership Conference. On November 19, 2014 Lynn Tilton was presented with the Business Women"s Entrepreneurship Day Pioneer Award at the United Nations. On September 5, 2014 Lynn Tilton was awarded the Intercollegiate Tennis Association (Industry Training Authority) Achievement Award at the ITHF Board of Directors Meeting at the Grand Hyatt Hotel in New New York The Industry Training Authority Achievement Award pays tribute each year to past participants in the world of varsity tennis who have achieved excellence in their chosen careers. The spirit of the award honors both professional success and contributions to society, made either as a direct result of a career, or through humanitarian efforts.