Thanks to Fox News Business correspondent Charlie Gasparino we now know who the players in the Manwin deal are. One of them is Jason Colodne, a managing partner in Colbeck Capital Management. Included are hiw bio and the astounding fact that he was fired from his former company for appearing on a reality show.

from www.linkedin.com – Colbeck Capital Management, LLP is an investment manager focusing on credit opportunities including distressed debt, strategic lending and other fundamental, value based and event driven investments.

Colbeck was formed by Jason Colodne [pictured] and Jason Beckman, who previously worked together sourcing and investing in distressed credit at Goldman Sachs. Colbeck built an institutional investing platform with a robust, proprietary infrastructure and has partnered with the best-in-class service providers.

Colbeck is currently comprised of a team of six including four investment professionals who have worked together at Goldman Sachs, Soros and/or graduated from the University of Pennsylvania, Wharton and a Chief Operating and Financial Officer.

Jason Colodne’s Bio: An alumnus of the University of Pennsylvania, Mr. Jason Colodne earned his Bachelor of Arts in History with a concentration in Finance.

Upon graduation, Mr. Jason Colodne joined Bear, Stearns & Company’s Investment Banking Department and embarked on a series of successes in the New York financial world. As a member of the Financial Buyers Group, Jason Colodne was tasked with discovering alternative strategies for portfolio companies as well as financial buyer groups while conducting on-site financial and operational duties for companies across several different industries.

In addition, Jason Colodne crafted memoranda and presentations for upper management. UBS Securities, LLC then recruited Jason Colodne to serve in its Distressed Securities Group, which oversaw investments for a proprietary distressed and special situations portfolio.

Jason Colodne modeled credit event impacts on properties ranging from trade values and cash flow to credit quality, and he also estimated the value of companies based on industry comparisons and potential. Moreover, Jason Colodne was charged with evaluating a company’s recovery following credit-changing events through direct interviews with managers, competitors, suppliers, customers, lawyers, and consultants.

As a result of his strong performance, Goldman, Sachs & Co. tapped Jason Colodne in 1998, and he was eventually selected to assume the responsibilities of Portfolio Manager and Head of Principle Hybrid Lending.

After seven years at Goldman, he was recruited by Morgan Stanley and was promoted to Managing Director. Jason Colodne spearhead the Strategic Finance Group for Morgan Stanley—which he also founded and built— by committing firm capital and managing a portfolio of directly originated credit investments.

When standard sources of capital were not readily available, the Strategic Finance Group provided capital to companies under Jason Colodne’s leadership.

After closing more than 25 transactions for a total of more than $10B, Jason Colodne was recruited to become the President of a $6B distressed turnaround private equity and investment firm, Patriarch Partners, LLC. Presently, Jason Colodne serves as the Managing Partner and Portfolio Manager for Colbeck Capital Management, a credit opportunities fund he established in 2009 with Jason Beckman, a former partner from Goldman Sachs.

from www.nypost.com April, 2008: – A FEW innocent bystanders on “The Real Housewives of New York City” have suffered some bad luck since being thrown in the show’s spotlight.

Jason Colodne, the boyfriend of Bethenny Frankel [both pictured], the only unmarried “housewife,” was fired from his Wall Street job because he appeared on the TV show.

“He cannot be on television because the firm is very private,” said one source.

Colodne is suing his former employer, Patriarch Partners LLC, for $55 million for allegedly ousting him without cause. Colodne, who served as the company’s president for two years, until Jan. 22, filed suit last month in Manhattan federal court.

A lawyer for Patriarch confirmed the company was “horrified” when it discovered that Colodne appeared on the show, and sent him a letter of termination.

“I’m suggesting that one of the reasons for his absences in the office was because he was filming a tawdry show,” said Hillary Richard, a lawyer representing the company. “They found out he was on the show when promos ran. He’s on a show and never mentioned it. Any other company would have fired him on the spot. He also was not performing or bringing in new deal flow.”

Robert Kraus, a lawyer for Colodne said, “His appearance as an incidental on the show does not violate any of the terms of his employment contract, and Patriarch is using that appearance in an attempt to avoid paying him tens of millions of dollars in hard-earned compensation.”

To Colodne’s credit, he appeared mostly in an episode to promote a charity that raises money for neurofibermatosis, which his sister has. And his ex-boss, company head Lynn Tilton, could qualify for a vampy role on the show. “I always show cleavage,” she told the NY Observer two years ago.

Another show outsider, Avery, the 13-year-old daughter of jewelry designer Ramona Singer, said the word “lezzies” on one episode, causing drama at her Upper East Side all-girls school.

Singer was spoken to about the show by the headmaster.

“They were so shocked at how much publicity the show got that they wanted to make sure Avery could handle the spotlight,” said one insider.