Alex Mascioli is an American businessman and

investor An investor is a person who allocates financial capital with the expectation of a future Return on capital, return (profit) or to gain an advantage (interest). Through this allocated capital most of the time the investor purchases some specie ...

. He is the founder and managing partner of North Street Capital, LP which invests in

leveraged buyout A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money (leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loan ...

s and public and private equity.

Business career

Mascioli has been involved in Dutch automaker

Spyker Cars Spyker Cars (, ) is a Dutch sports car marque. The modern Spyker Cars held the legal rights to the brand name. The company's motto is "''Nulla tenaci invia est via''", Latin for "For the tenacious, no road is impassable". The marque's logo dis ...

and Swedish automaker

Saab automobile Saab Automobile AB () is a defunct automotive industry, car manufacturer that was founded in Sweden in 1945 when its parent company, Saab AB, began a project to design a small automobile. The first production model, the Saab 92, was launched in ...

. Mascioli and Saab Chairman & CEO

Victor Muller Victor Roberto Muller (born September 13, 1959) is a Dutch businessman, founder of Spyker Cars, CEO of Spyker N.V., and former Chairman and CEO of Saab Automobile AB. Education and early career Muller studied law at Leiden University. After gra ...

came to a deal in which North Street would acquire the supercar maker Spyker from Swedish Automobile, which began to struggle financially with Saab, for $43.5 million in cash, and the proceeds would be used to pay off company debt. Shortly afterwards another deal was struck in which Alex Mascioli would pay $70 million to buy shares of Saab and issue a

convertible note In finance, a convertible bond or convertible note or convertible debt (or a convertible debenture if it has a maturity of greater than 10 years) is a type of bond that the holder can convert into a specified number of shares of common stock i ...

of $60 million collateralized by Saab's assets. In 2011, the press reported that Mascioli might take over 100% of Saab and in an interview with Reuters it was mentioned that he had the capacity to take over the company should he chose to do so.

Media

Mascioli has been published in magazines featured as "On The Road With Alex Mascioli" for articles relating to automakers which include

Audi Audi AG () is a German automotive manufacturer of luxury vehicles headquartered in Ingolstadt, Bavaria, Germany. As a subsidiary of its parent company, the Volkswagen Group, Audi produces vehicles in nine production facilities worldwide. Th ...

Bentley Bentley Motors Limited is a British designer, manufacturer and marketer of luxury cars and SUVs. Headquartered in Crewe, England, the company was founded as Bentley Motors Limited by W. O. Bentley (1888–1971) in 1919 in Cricklewood, North ...

, BMW,

Maserati Maserati S.p.A. () is an Italian luxury vehicle manufacturer. Established on 1 December 1914, in Bologna, Italy, the company's headquarters are now in Modena, and its emblem is a trident. The company has been owned by Stellantis since 2021. Ma ...

, Mercedes, and

Jaguar The jaguar (''Panthera onca'') is a large cat species and the only living member of the genus '' Panthera'' native to the Americas. With a body length of up to and a weight of up to , it is the largest cat species in the Americas and the th ...

References

{{DEFAULTSORT:Mascioli, Alex American financiers American investors American hedge fund managers American stock traders Businesspeople from Greenwich, Connecticut Stock and commodity market managers American financial analysts 1975 births Living people