Co-Chair, Executive Committee
David founded Cohanzick Management in 1996 and has served as Managing Principal since then. Prior to this, Mr. Sherman worked at Leucadia National Corporation for 10 years. In 1992, Mr. Sherman became a Vice President actively involved in corporate investments and acquisitions. In addition, Mr. Sherman was Treasurer of Leucadia’s insurance operations with $3 billion of assets. During Mr. Sherman’s tenure, he played an active role in the insurance companies’ investment portfolio and asset/liability management. Further, his parent company investment duties ranged from general investment analysis to opportunistic distress positions including serving on steering and creditor committees to active roles of private and public securities transactions. Mr. Sherman began his 25+ year investment career in high yield and distressed securities at Leucadia in 1987, following internships at Drexel Burnham Lambert’s High Yield and Convertible Bond department based in Los Angeles. In 1987, Mr. Sherman graduated from Washington University with a B.S. in business administration. Mr. Sherman is a member of the advisory board of Washington University’s Olin Business School Center for Finance and Accounting Research. In addition, he is a member of the Board of Directors and Treasurer of Open Door Medical Centers. Mr. Sherman has lectured at Washington University, Pepperdine University, and investment industry conferences.