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From 1978 to 1990, Ackerman was Director of International Capital Markets Drexel until the company filed for bankruptcy. While at Drexel, Ackerman made more than $300 million working alongside 'Junk Bond King' Michael Milken, raising billions of dollars for junk-bond-fueled takeovers.
Apr 1, 2015 · Peter Ackerman, who headed international capital markets at Drexel, was a founding investor in grocery deliverer FreshDirect. G. Chris Andersen headed Drexel's investment-banking business...
Jan 6, 2012 · Jan 6, 2012, 12:09 PM PST. Rockport Capital's Peter Ackerman is back in the news, but not for his business pursuits. Advertisement. The former junk-bond trader at Drexel Burnham has granted...
Aug 13, 2000 · Peter Ackerman was Mr. Milken's right-hand man, heading the structured finance unit and helping with the recapitalization of Mellon Bank, among other companies. He is now an executive at...
Feb 26, 1990 · Peter Ackerman, a senior executive and protege of Mr. Milken, invested twice his annual salary into the company. Thousands of others took large percentages of their payments in stock or were...
May 21, 1990 · Peter Ackerman, 43, was Milken's brilliant and aloof deputy who designed the packages of securities that the issuers offered. Leon Black, 38, was the head of mergers and acquisitions; he found the ...
Oct 4, 1991 · Also in 1988, Peter Ackerman, one of Mr. Milken's chief lieutenants, was paid $165 million, in part for his role in underwriting securities for the $25 billion buyout of RJR Nabisco Inc. that...
