The Forest Road Company (Forest Road), a cutting-edge merchant bank, announces two strategic appointments to its executive leadership team, signaling a significant milestone in the company’s dedication to excellence and expansion.
Caleb Kramer, a seasoned veteran from Oaktree Capital Management, assumes the role of President at Forest Road, while Keith L. Horn, former Chief Operating Officer of Elliott Management Corporation, joins as Executive Chairman. These appointments are poised to drive Forest Road’s strategic endeavors forward, particularly in its asset management arm, Forest Road Asset Management (FRAM).
In his capacity as President, Mr. Kramer will spearhead the business’s strategy and growth. With 23 years of experience at Oaktree Capital Management, Caleb co-founded and managed four distinct European strategies, overseeing assets exceeding €13 billion across 11 funds. His expertise in turnaround and special situation private equity, distressed investing, and private credit will be instrumental as Forest Road expands into new markets.
As Executive Chairman, Mr. Horn will provide strategic guidance, board leadership, and executive mentorship. Keith, the Founder of Loring Capital Advisors, brings a wealth of experience from his tenure at Elliott Management Corporation, where he served as Chief Operating Officer for 12 years. His leadership in global management, operational oversight, and relationship management with the broker-dealer community will be invaluable to Forest Road’s growth trajectory. Before joining Elliott, Keith held prominent roles at Merrill Lynch, including Global Head of Leveraged Finance and Chief of Staff to the Chairman and CEO.
Established in 2018, Forest Road has swiftly emerged as a next-generation merchant bank, offering innovative capital solutions to industries experiencing transformative shifts through its operating, investing, and advising model.
Zachary Tarica, Chief Executive Officer of Forest Road, expressed confidence in the appointments, stating, “Caleb and Keith bring not only impressive accomplishments and proven track records but also a shared bold mentality that aligns with our vision. These additions signify a pivotal moment in our company’s development, and I am certain they will be instrumental in driving financial innovation and sustained growth.”
Caleb Kramer remarked, “Forest Road’s entrepreneurial culture presents an opportunity to create a distinctive and agile merchant banking and asset management platform. With a robust network and a strong executive team, we are poised to leverage our collective experience to build something truly exceptional.”
Keith Horn commented, “Having witnessed Forest Road’s evolution, I am excited to join as Executive Chairman. The groundwork laid by the team is fundamental for success, and I am eager to contribute to Forest Road’s continued advancement.