Investor & Entrepreneur
Alain Bankier is an active early stage investor and entrepreneur, and invests in a variety of companies in the legal cannabis, technology and food/tech industries. As an active board member and advisor to a variety of companies, he has been instrumental in helping companies achieve their business milestones and exits/liquidity events. Alain is the co-founder of the New York Angels, one of the leading early stage investment groups in the US. He is also a member of ArcView. In the cannabis industry, Alain has invested in variety of (public and private) legal cannabis companies, including: cultivation, processing, dispensaries, R&D and technology, edibles and other ancillary businesses.
Until 2014, Alain was a shareholder and Co-President/CEO of The Manischewitz Company. He acquired the Manischewitz Company in 2008, through a merger with his operating company SFG. SFG’s strategy was to build value by acquiring companies that were in need of restructuring due to operational, branding or financial issues (and usually all three) and implementing an operational and financial “turn around” and growth plan.Prior to his career in the food industry, Alain was a founder of an international boutique investment bank, which he sold to BNP Paribas in 1989 and where he remained as the Co-Head of Corporate Finance/Mergers and Acquisitions North Americas until 2001. Alain has a BS from the Wharton School and a BA from the University of Pennsylvania. He also has an MBA from NYU Stern and from HEC Paris.