Alain Kodsi has more than 25 years of experience in finance and has managed investments of more than $1 billion in transactions in varied economic sectors including private equity, real estate, biotechnology, telecommunications, internet platforms, consulting, hospitality and manufacturing. After attending Stuyvesant High School, receiving an A.B. from Columbia College, Summa Cum Laude, and his J.D. from Harvard Law School he practiced law at Hughes Hubbard & Reed and then joined Goldman Sachs & Co. He then founded the private equity firm of MG Capital, primarily focused on companies in need of significant restructuring. At MG Capital, he served as Executive Chairman of the Board on multiple companies and had direct responsibility for managing the day-to-day operations of companies located in more than 10 states and three countries. After successfully acquiring over a dozen companies, he sold his interests to the Private Equity Group of ING for more than a 20x return on equity.
Alain has also served as an advisor to various companies including International Murex, a public pharmaceutical company where, working with Donaldson Lufkin & Jenrette, he negotiated a sale to Abbott Laboratories. After MG Capital, Alain focused on two primary industries, real estate and pharmaceutical. In the pharmaceutical space, he co-founded Serenity Pharmaceutical, where he currently serves as President. Over the past decade Serenity Pharmaceutical has successfully gone from a start up to a company with a multi-hundred million dollar licensing agreement with Allergan Pharmaceutical, a Fortune 50 Company. Serenity is currently completing its final Phase III trial.
In real estate, Alain, through Heights Advisors, has been the lead investor in over $1 billion in real estate investments, including prominent projects such as Richard Meier: On Prospect Park. Alain has also led the acquisition and restructuring of several hundred million dollars of real estate debt. Currently he is overseeing more than 1,650,000 square feet of ground up or residential conversions.
Apart from Alain’s extensive business interests, he has a life-long commitment to contributing to his community. Beginning with his involvement as a teenager with Crossroads Africa, he traveled to Leogane, Haiti where he served as an instructor at a local school. In Law School he established Code Critical whose goal was to raise funds for organizations providing services to the homeless. Code Critical had students agree to defer expensive recruitment lunches and hotels and have the law firms contribute those savings to local nonprofits. The organization grew to over a dozen law schools and eventually into the National Association of Students Against Homelessness. Through Code Critical, Alain also became involved with United Neighborhood Houses (UNH). Over the past 20 years Alain has worked continuously with UNH, initially organizing groups of young professionals to provide volunteer work at the Settlement Houses. For more than a decade he has served on the Board of UNH. He met his wife Rachel doing community service work for Lenox Hill Settlement House where she was a community organizer and addressed the needs of battered women. For their long standing work with UNH and the settlement houses Alain and Rachel were jointly honored in 2011 as New Yorkers Who Make a Difference.
In addition to his work with UNH, Alain has served on the housing board for The Phipps House Group. He also currently serves on the Board of Brooklyn Bridge Animal Welfare Coalition, an organization that shelters and places rescue animals. He also served as an adviser to South Brooklyn Legal Services helping negotiate a substantial reduction in their leasing costs while significantly upgrading their offices. Alain also helped establish the Zelda Foster Studies Program in Palliative and End-of-Life Care at the NYU Silver School of Social Work. He has also been active in supporting other civic, academic and community groups. He and his wife live in Brooklyn with their three children.