Michael Lehmann

Michael Lehmann General Information

Biography

Michael Lehmann is the President of Aimia, a member of the firm's investment committee and a member of our Board of Directors. Mr. Lehmann also serves on the boards of several of the firm's portfolio companies including PLM, Mittleman Investment Management, and Kognitiv. Michael Lehmann has been involved in the investment business for more than 25 years, most recently as the Founder and Managing Member of LARC Capital Holdings LLC, a privately held partnership. He currently serves as a director and member of the Audit Committee for Onyx Acquisition Co. I (NASDAQ: ONYX), a special purposes acquisition company focused on investment opportunities in the construction technology, aerospace, and logistics sectors. Prior to launching LARC Capital in 2016, Mr. Lehmann was a Partner and Portfolio Manager at Third Avenue Management, LLC for 18 years, a highly respected SEC-registered Investment Advisor. Mr. Lehmann's responsibilities grew to include Co-Manager of the Third Avenue Value Fund (TAVFX) - Third Avenue's flagship investment product, Lead Manager of Third Avenue Separate Account business, Portfolio Manager of the Global Value Equity product, Co-Lead PM of Third Avenue Balanced Fund and Lead Manager of Third Avenue Variable Series Fund, where the Fund was awarded the Lipper award for best 5-year track record and SOLIS Partners, where he was a Member of the Investment Committee. Earlier in his career, Mr. Lehmann was a Vice President of Gabelli Funds, Inc, an Investment Advisor to the Gabelli Mutual Funds and an Associate Portfolio Manager of private investment portfolios with Mario J. Gabelli. Mr. Lehmann has a Bachelor of Science degree with a primary concentration in Finance and a secondary concentration in Marketing from Fordham University. On January 11, 2024, the Company announced the resignation of Michael Lehmann as President of the Corporation.Mr. Lehmann resigned from the Board of Directors effective October 20, 2023.