Mr. Raben has been an investment banker, merchant banker and private investor for approximately 30 years and was a founding partner of Hudson Capital Advisors , LLC. Starting in 1979 at Drexel Burnham Lambert, he worked on many leveraged buyouts and recapitalizations including Mattel Toys, SFN Co.’s, Magma Copper, Warnaco , Mellon Bank and John Fairfax.
Mr. Raben then went on to co-found the Corporate Finance Department at Jefferies & Co. in 1990. At Jefferies, he was the architect of Jefferies entering the Energy and Gaming industries and helped engineer the recapitalization of TransTexas Gas.
Mr. Raben opened a west coast office for CIBC’s high yield finance and merchant banking activities in 1996. Shortly thereafter , he was the principal architect of CIBC’s financing and co-founding of what became Global Crossing. At its peak, CIBC’s $30 million investment was worth $5.0 billion.
Mr. Raben has sat on numerous boards of investee and client companies. These include Foodmaker, Rival Manufacturing, Magnetek, Warnaco, Terex, Global Crossing, Equity Marketing and FreshDirect.
Mr. Raben received his A.B. from Vassar College in 1975 and his MBA from Columbia University in 1979.