Mark Rachesky
Net worth: 9 M $ as of 31/05/2026
Net worth: 9 M $ as of 31/05/2026
Mark Howard Rachesky is the founder of MHR Fund Management LLC, founded in 1996, where the titles held include President & Chief Investment Officer and Chief Investment Officer.
Current jobs include Independent Chairman at Telesat Corp.
since 2021, Independent Director at Titan International, Inc. since 2014, Director at Lanteris Space LLC since 2005, Independent Director at Starz Entertainment Corp.
since 2025, Director at Telesat GEO, Inc. since 2021, Director at Mount Sinai Children’s Center Foundation, Independent Director at Lionsgate Studios Corp.
since 2009, Independent Director at Telesat Partnership LP, Managing Member at MHR Institutional Advisors III LLC, Manager at MHRC I LLC, Managing Member at MHRC II LLC, Managing Member at MHRC LLC, and Member-Overseers Board at the University of Pennsylvania.
Former jobs include Non-Executive Chairman at Loral Space & Communications, Inc. from 2005 to 2021, Chairman at Leap Wireless International, Inc. from 2004 to 2014, Chairman at Cricket Communications, Inc., Non-Executive Chairman at Telesat Holdings, Inc., Independent Director at Emisphere Technologies, Inc. from 2011 to 2020, Lead Independent Director at Navistar International Corp.
from 2018 to 2021, Director at Neose Technologies, Inc. from 1999 to 2008, Director at Samsonite LLC from 1996 to 2003, Director at NovaDel Pharma, Inc. from 2003 to 2005, Managing Director at Starfire Holding Corp.
in 1996, Director at Convey Health Solutions, Inc. from 2005 to 2014, Director at BearCom Group, Inc., Director at Lionsgate Studios Holding Corp.
from 2024 to 2025, and Managing Member at MHR Holdings LLC.
Education includes undergraduate degree from the University of Pennsylvania, doctorate from Stanford University School of Medicine, and MBAistration from Stanford Graduate School of Business.
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
0.1% | 01/04/2026 | 279,578 ( 0.1% ) | 4 M $ | 31/05/2026 |
| 01/04/2026 | 46,138 ( 2.09% ) | 3 M $ | 31/05/2026 | |
| 22/04/2026 | 257,468 ( 0.4% ) | 2 M $ | 31/05/2026 | |
| 15/05/2026 | 22,134 ( 0.13% ) | 517 493 $ | 31/05/2026 | |
TELESAT CORP. -.--% | 01/04/2026 | 0 ( -.--% ) | - $ | 31/05/2026 |
Telesat Partnership LP
Telesat Partnership LP Specialty TelecommunicationsCommunications Provides satellite communications services -.--% | 13/05/2024 | 15,000 ( -.--% ) | - $ | Today |
| Companies | Position | Start |
|---|---|---|
| STARZ ENTERTAINMENT LLC | Director/Board Member | 06/05/2025 |
| TITAN INTERNATIONAL, INC. | Director/Board Member | 01/06/2014 |
| TELESAT CORPORATION | Chairman | 16/11/2021 |
MHR Fund Management LLC
MHR Fund Management LLC Financial ConglomeratesFinance MHR invests in middle-market companies primarily through distressed debt and bespoke structured financings, and forms specialized platforms to capitalize on mispriced assets in niche industries. The firm’s value-oriented approach focuses on sourcing through their established industry relationships. | Founder | 01/01/1996 |
Telesat Partnership LP
Telesat Partnership LP Specialty TelecommunicationsCommunications Provides satellite communications services | Director/Board Member | - |
University of Pennsylvania
University of Pennsylvania Other Consumer ServicesConsumer Services Functions as a College/University | Corporate Officer/Principal | - |
MHR Fund Management LLC /Private Equity/
MHR Fund Management LLC /Private Equity/ Investment ManagersFinance MHR Fund Management invests in distressed and middle market companies located in the United States. The fund targets companies operating across a broad range of sectors and industries. It provides financing in the form of debt and equity for buyout capital requirements. | Founder | 01/01/1996 |
Mount Sinai Children’s Center Foundation
Mount Sinai Children’s Center Foundation Miscellaneous Commercial ServicesCommercial Services Operates organization to provide pediatric care services | Director/Board Member | - |
MHR Institutional Advisors III LLC | Corporate Officer/Principal | - |
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Active
Inactive
Listed companies
Private companies
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
| Private companies | 29 |
|---|---|
Emisphere Technologies, Inc.
Emisphere Technologies, Inc. Pharmaceuticals: MajorHealth Technology Operates as a commercial stage pharmaceutical and drug delivery company | Health Technology |
Navistar International Corp.
Navistar International Corp. Motor VehiclesConsumer Durables Manufactures and sells commercial trucks, buses, engines & powertrain and parts | Consumer Durables |
Titan International, Inc.
Titan International, Inc. Auto Parts: OEMProducer Manufacturing Manufactures wheels and tires | Producer Manufacturing |
Neose Technologies, Inc.
Neose Technologies, Inc. Pharmaceuticals: MajorHealth Technology Develops therapeutic protein drugs | Health Technology |
Samsonite LLC
Samsonite LLC Other Consumer SpecialtiesConsumer Durables Manufactures luggage | Consumer Durables |
Loral Space & Communications, Inc.
Loral Space & Communications, Inc. Specialty TelecommunicationsCommunications Provides satellite-based communications services | Communications |
Lanteris Space LLC
Lanteris Space LLC Telecommunications EquipmentElectronic Technology Manufactures satellites | Electronic Technology |
NovaDel Pharma, Inc.
NovaDel Pharma, Inc. Pharmaceuticals: MajorHealth Technology Develops oral spray formulations | Health Technology |
Leap Wireless International, Inc.
Leap Wireless International, Inc. Wireless TelecommunicationsCommunications Provides wireless communications services | Communications |
Starz Entertainment Corp.
Starz Entertainment Corp. Movies/EntertainmentConsumer Services Produces and distributes film & television entertainment content | Consumer Services |
Starfire Holding Corp.
Starfire Holding Corp. Trucks/Construction/Farm MachineryProducer Manufacturing Manufactures railroad and freight car equipment | Producer Manufacturing |
Telesat Canada Ltd.
Telesat Canada Ltd. Specialty TelecommunicationsCommunications Provides satellite communications and space systems services | Communications |
Cricket Communications, Inc.
Cricket Communications, Inc. Wireless TelecommunicationsCommunications Provides mobile wireless services | Communications |
MHR Institutional Advisors III LLC | |
MHR Holdings LLC
MHR Holdings LLC Investment ManagersFinance Provides investment holding services | Finance |
MHRC I LLC | |
MHRC II LLC | |
MHRC LLC
MHRC LLC Miscellaneous Commercial ServicesCommercial Services Provides human resources services | Commercial Services |
MHR Fund Management LLC
MHR Fund Management LLC Financial ConglomeratesFinance MHR invests in middle-market companies primarily through distressed debt and bespoke structured financings, and forms specialized platforms to capitalize on mispriced assets in niche industries. The firm’s value-oriented approach focuses on sourcing through their established industry relationships. | Finance |
University of Pennsylvania
University of Pennsylvania Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Convey Health Solutions, Inc.
Convey Health Solutions, Inc. Information Technology ServicesTechnology Services Provides healthcare technology services | Technology Services |
Mount Sinai Children’s Center Foundation
Mount Sinai Children’s Center Foundation Miscellaneous Commercial ServicesCommercial Services Operates organization to provide pediatric care services | Commercial Services |
BearCom Group, Inc.
BearCom Group, Inc. Data Processing ServicesTechnology Services Provides data, wireless voice and security solutions | Technology Services |
Telesat Holdings, Inc.
Telesat Holdings, Inc. Specialty TelecommunicationsCommunications Provides satellite-delivered communications solutions | Communications |
Stanford University School of Medicine
Stanford University School of Medicine Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Stanford Graduate School of Business
Stanford Graduate School of Business Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
MHR Fund Management LLC /Private Equity/
MHR Fund Management LLC /Private Equity/ Investment ManagersFinance MHR Fund Management invests in distressed and middle market companies located in the United States. The fund targets companies operating across a broad range of sectors and industries. It provides financing in the form of debt and equity for buyout capital requirements. | Finance |
Telesat Corp.
Telesat Corp. Specialty TelecommunicationsCommunications Operates satellite | Communications |
Telesat Partnership LP
Telesat Partnership LP Specialty TelecommunicationsCommunications Provides satellite communications services | Communications |
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