Chief Investment Officer of B. Riley Financial, President of B. Riley Principal Investments
Areas of Expertise
- Capital Markets
- Distressed Securities
- Minority and Majority Owned Private Equity
- Principal Investments
- Public Equities
- Financial Services
- Real Estate
- Dartmouth College
Dan Shribman is Chief Investment Officer of B. Riley Financial where he oversees the asset base alongside Co-Chief Executive Officer Bryant Riley. The portfolio consists of several wholly owned operating businesses in addition to cash and investments that have grown from $500 million to over $2.5 billion during Shribman's tenure. The investment mandate is wide and includes both debt and equity in public and private markets. In virtually all investments, B. Riley Financial is involved at the board level and active in business and capital allocation decisions. Shribman has worked in close collaboration with management teams and boards to maximize shareholder value in the form of operational turnarounds, capital market financing and communication, and capital deployment initiatives.
Shribman has served as a member of the board of directors of Alta Equipment Group Inc. (NYSE: ALTG) since February 2020, Arena Group Holdings (NYSE: AREN) since June 2021, NextPoint Financial Inc. (OTCMKTS: NACQF) since August 2021, AltEnergy Acquisition Corp. (Nasdaq: AEAE) since November 2021 and FaZe Holdings Inc. (Nasdaq: FAZE) since July 2022. Shribman also serves as a board observer or at the board level of several private companies. Shribman has served as the CEO and CFO of 250 Merger Corps. since May 2021.
Prior to joining B. Riley, Shribman was a Portfolio Manager at a special situation asset manager with over $15 billion in assets under management. During his tenure, he led investments in dozens of public and private opportunities across the general industrials, transportation, automotive, aerospace, gaming, hospitality and real estate industries. These investments ranged from public equities and bonds to deeply distressed securities, par bank debt, minority owned private equity, and majority owned private equity.
Previously, he worked at a private equity firm and in the restructuring advisory group at Lazard Freres.
Shribman holds an AB in Economics and History from Dartmouth.